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Zacks #1 Stocks on the Move 05/23/2013
| Company Name | Symbol | %Change |
|---|---|---|
| TRI TECH HOL | TRIT | 1.38% |
| HAVERTY FURN | HVT | 1.08% |
| MARRIOTT VAC | VAC | 1.05% |
| ALLIANCE FIB | AFOP | 0.74% |
| FARMERS CAPI | FFKT | 0.73% |
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• Zynga, Inc. (NASDAQ:ZNGA) made its debut on the Nasdaq and dropped 5.0% to $9.50. The company’s initial public offering was priced at $10.00 per share
• Shares of Adobe Systems Inc. (NASDAQ:ADBE) jumped 6.6% a day after reporting fully diluted pro forma earnings per share of $0.55, topping the Zacks Consensus Estimate of $0.50 per share
• United Rentals, Inc.’s (NYSE:URI) $1.9 billion acquisition bid for RSC Holdings, Inc. (NYSE:RRR) helped RSC’s shares gain a whopping 57.9%
• Shares of Cablevision Systems Corporation (NYSE:CVC) plummeted 8.5% after the company said that its chief operating officer has planned to vacate office this month
• Valeant Pharmaceuticals International, Inc.’s (NYSE:VRX) acquisition offer of ISTA Pharmaceuticals Inc. (NASDAQ:ISTA) for $6.50 per share took the latter’s stocks up by 71.7%
• Darden Restaurants, Inc.’s (NYSE:DRI) second quarter fiscal 2012 earnings from continuing operations came in at $0.42 per share, in line with the Zacks Consensus Estimate
Read the full Snapshot Report on ZNGA
Read the full Analyst Report on ADBE
Read the full Snapshot Report on URI
Read the full Snapshot Report on CVC
Read the full Snapshot Report on VRX
Read the full Analyst Report on DRI