These are the unofficial closing prices today for major US index readings:
- DJIA 12,892.84 (+43.89; +0.34%)
- S&P500 1,397.86 (+9.04; +0.65%)
- NASDAQ 2,422.93 (-5.99; -0.25%)
- 10YR-TBond 3.866% (+0.039)
- 52-WEEK LOWS (AAI, HRZ, IAR, LEE, NTGR, PAY, UCBH, VDSI)
Ford Motor Company (NYSE: F) fell after two key party-pooper downgrades were issued this morning after a huge gain was seen yesterday. Shares were down over 10% to $7.50 in the final moments of trading.
Goodyear Tire & Rubber Company (NYSE: GT) shares were up almost 6% to $28.83 in the final minutes after earnings rose above estimates. What do 365 condoms make? A good year.
Progenics Pharmaceuticals, Inc. (NASDAQ: PGNX) shares surged after the company and its partner Wyeth received federal approval late Thursday for Relistor, a medication used to treat constipation. Shares were up 26% at $13.44 in the final moments of trading.
Wendy's International Inc. (NYSE: WEN) saw shares recover by 7% to $28.26 in the final moments of trading after Wall Street gave Nelson Peltz the thumbs up.
Microsoft Corporation (NASDAQ: MSFT) fell after beating earnings but also issuing guidance that was arguably short of consensus for the quarter ahead. Big Software closed down 6% at $29.83 on over 143 million shares.
Jon Ogg is an editor and producer of the "10 Stocks Under $10" weekly newsletter for 247Wallst.com.
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Reader Comments (Page 1 of 1)
4-25-2008 @ 5:47PM
miller said...
why would anyone listen to bear stearn
4-25-2008 @ 6:52PM
william lindblad said...
The stock market is not easily scared.
4-25-2008 @ 9:33PM
Steve said...
Never know what to expect on a daily basis ... frustrating seeing such sharp movement on the slightest bit of news. God forbid Bernanke makes a statement, its a sure 300pt drop.
Steve
http://freedollars.wordpress.com/