Stocks climbed Thursday after the European Central Bank head Mario Draghi said the bank would consider buying government bonds in unlimited quantities to stabilize financial markets. Thursday’s winner beat earnings expectations, while the loser lowered its sales guidance.
Here is Thursday’s market winner and loser.
Biggest Winner
Shares of The Men’s Wearhouse, Inc. (NYSE: MW) are up 15.14% to $36.66 on trading volume of 1.6 million shares. The retailer earned $1.15 a share, beating analyst expectations of $1.12 a share. The 52-week high is $40.97.
Biggest Loser
Shares of OCZ Technology Group, Inc. (NASDAQ: OCZ) are down 22.58% to $4.15 on trading volume of 12.8 million shares. The company announced Thursday that second-quarter sales will be between $110 million and $120 million, below the $130 million and $140 million initially expected. The 52-week low is $4.14.
Samuel Weigley
Follow him on Twitter: SWeigley
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
