Filed under: After the bell, Major movement, Earnings reports, Deals, XM Satellite Radio (XMSR), Sirius Satellite Radio (SIRI)
Stocks were up this day, but less than you might envision after a massive drop of more than $4.00 on oil in late-day prices. So much for Goldman Sachs’ raising oil target again this day, as well as lifting the oil services sector and upping price targets for some of the sector’s stocks .
Here are today’s unofficial closing bell index levels:
- DJIA 12062.93 (+33.87)
- S&P500 1342.86 (+5.05)
- NASDAQ 2462.07 (+32.36)
- 10YR T-NOTE 4.199% (+0.045%)
- 52-Week Lows
- Top 10 Analyst Calls
Evergreen Solar Inc. (NASDAQ: ESLR) was one of the huge winners this day with shares up over 20% at $12.33 in today’s final minutes. The company announced a huge second round contract that added significantly to its backlog.
Huntsman Corporation (NYSE: HUN) imploded after its private equity buyout was officially notified as “being killed” by the buyers, and shares were down 38% at $12.79 at the end of the day. Mark that as an all-time low.
Pier 1 Imports Inc. (NYSE: PIR) was a horrible loser this day after the company missed earnings and gave guidance that requires faith in management’s ability to execute. Shares were down some 19% at $5.01 in the final minutes.
SandRidge Energy, Inc. (NYSE: SD) was down over 5% at $64.66 in late day trading with energy prices going lower. There was highly uncommon options trading in this one that has never been seen before.
Sirius Satellite Radio Holdings Inc. (NASDAQ: SIRI) and XM Satellite Radio Holdings Inc. (NASDAQ: XMSR) were hit horribly to 52-week lows after a key Goldman Sachs price target cut. Shares were down 12% and 17% respectively in today’s final minutes of trading.
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