Market Winners & Losers: International Game Technology, AIG
Friday, November 06, 2009By David O'Brien, FOXBusinessShareThe major indexes ended the week on a positive note after the release of unemployment figures. The Dow closed up 0.2%, the S&P gained 0.3% and the Nasdaq added 0.3%.
Here are Friday’s winners and losers:
Winners
International Game Technology (IGT) The global-gaming company added 8.7% to its share price Friday after reporting quarterly results. IGT shares last traded at $20.18, up $1.62 on the day.
NVIDIA Corp. (NVDA) The computer technology provider’s shares rose 7.2% after seeing its profit surge in the third quarter. NVDA shares closed at $13.16 a gain of 89 cents on the day.
Starbucks Corp. (SBUX) The coffee giant's stock gained 7.2% Friday after the company reported earnings Thursday. SBUX shares ended the session at $21.12, up $1.42 on the day.
MBIA Inc. (MBI) The insurer ended Friday on a positive note as the stock rose 6.6%. MBI shares finished Friday at $4.35, a gain of 27 cents on the day.
Macy’s Inc. (M) The department store added 6.4% to its share price Friday after an upgrade by JPMorgan. Macy’s shares last traded at $19.18, up $1.16 on the day.
Losers
American International Group Inc. (AIG) The insurer’s shares dove 9.7% despite the company posting its second-straight quarterly profit. AIG shares closed at $35.48, down $3.80 on the day.
Sunoco Inc. (SUN) A worse-than-expected quarterly loss dropped the oil refiner by 9.4% on Friday. Sunoco shares ended the session at $28.21, a loss of $2.91 on the day.
Dynegy Inc. (DYN) The utility provider ended its volatile trading week on a down note, with shares sinking 5.9% Friday. Dynegy shares finished the day at $1.93, down 12 cents.
Tesoro Corp. (TSO) The oil refining company fell 5% following sector trends. Tesoro shares last traded at $13.97, a loss of 74 cents on the day.
Motorola Inc. (MOT) The mobile-phone developer dropped 4.5% on the day it released its much-anticipated Droid smartphone. MOT shares closed at $8.89, down 42 cents on the day.
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