Big Movers in the Stock Market
Wednesday May 11, 4:19 pm ET
NEW YORK (AP) -- Stocks that were moving substantially or trading heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market.
NYSE
Delta Air Lines Inc., down 25 cents at $2.72
The stock continued Tuesday's fall of 33 cents, set off by a warning that it will have substantial losses this year and may have to file for bankruptcy.
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DreamWorks Animation SKG Inc., down $4.45 at $32.05
The studio missed first-quarter profit estimates and expected revenue from home video sales of "Shrek 2" failed to materialize.
Eastman Kodak Co., up $1.13 at $26.58
The company said it will replace its chief executive, Daniel Carp, with his second-in-command, Antonio Perez. Previously of Hewlett-Packard Co., Perez is expected to intensify the company's charge into digital photography.
NASDAQ
Apple Computer Inc., down 81 cents at $35.61
Yahoo Inc.'s announcement that it will start a cut-rate subscription-based music store pummeled other Internet music retailers.
Red Hat Inc. up 76 cents at $12
Dell Inc. founder Michael Dell's investment firm Tuesday said it has invested almost $100 million in Red Hat, the largest distributor of the Linux computer operating system.
PC Mall Inc. down $1.23 at $3.87
The direct seller of computers and electronics fell to a first-quarter loss as revenue grew only slightly, and was downgraded by Merriman Curhan to "neutral."
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