Big Movers in the Stock Market
Friday June 24, 5:05 pm ET
NEW YORK (AP) -- Stocks that were moving substantially or trading heavily Friday on the New York Stock Exchange and Nasdaq Stock Market.
NYSE
Maverick Tube Corp., down $3.45 at $29.60
The manufacturer posted a disappointing earnings forecast for the second quarter.
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Medtronic Inc., up $1.08 at $52.72
The medical device maker raised its dividend by nearly 15 percent.
Solectron Corp., down 16 cents at $3.66
The contract electronics manufacturer posted a third-quarter loss due to sluggish sales.
NASDAQ
America Service Group Inc., down $4.01 at $15.86
The company's prison services unit was not invited to renew its inmate health-care contract with the state of Indiana.
Perry Ellis International Inc., up $1.24 at $23.80
The company's stock was upgraded to "outperform" from "market perform" by Wachovia Securities due to the company's efforts in expanding its Savane brand of pants.
Xyratex Ltd., down $2.77 at $16.05
A disappointing earnings forecast led two brokerage firms to cut their price targets for the company's stock.