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
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