NewLead Holdings Ltd (NASDAQ:NEWL) was the biggest loser on Friday, retreating from a sharp gain of more than 160% after the company received a capital contribution of industrial metal valued at $236.4 million for a 36.8 percent ownership in NewLead.
ArQule, Inc. (NASDAQ:ARQL) tumbled after its lead drug candidate failed to meet survival targets.
Bazaarvoice Inc (NASDAQ:BV) plunged to new low after facing federal antitrust lawsuit.
Uranium Resources, Inc. (NASDAQ:URRE) turned red to end seven-day winning streak and saw the first decline of 2013.[article_detail_ad_1]
Century Aluminum Co (NASDAQ:CENX) fell about 9.5% after CRT Capital cut the stock to sell and reduced its price target by a dollar to $7, citing a weak aluminum price forecast.
Tranzyme Inc (NASDAQ:TZYM) lost 8.9% after its former CFO Richard Eisenstadt joined Seedling-products supplier ArborGen to lead finance.
KBR, Inc. (NYSE:KBR) retreated 7.9% on reducing its full-year earnings outlook.
GeoGlobal Resources Inc. (NYSEAMEX:GGR) traded actively on Friday. The company and State-owned Oil India have reportedly signed an agreement to drill 12 exploratory wells in the 549 sq km block on the eastern coast of India.
Aeropostale, Inc. (NYSE:ARO) was unable to move above trend line after the teen retailer was downgraded to neutral from overweight at Piper Jaffray. The rating firm cited concerns over the mall-based clothing retailer’s unsteady sales performance after a disappointing holiday season.
Perrigo Company (NASDAQ:PRGO) trended downward after Goldman Sachs downgraded the stock to sell from neutral, citing sluggish growth.
Zale Corporation (NYSE:ZLC) dropped 5.56% as the company’s U.S. holiday same-store sales continued to show an improvement, but at a slower pace.
Arch Coal Inc (NYSE:ACI) was another big loser the UMWA targeted the company with ad campaign.
Walter Energy, Inc. (NYSE:WLT) was down after Deutsche Bank the stock from a buy rating to a hold rating. Analysts at Iberia Capital, also, lowered shares of WLT from an outperform rating to a sector perform rating.
More on the flip side, Peabody Energy Corporation (NYSE:BTU), Penn Virginia Corporation (NYSE:PVA), Cereplast, Inc. (PINK:CERP), FreeSeas Inc. (NASDAQ:FREE) and Seven Arts Entertainment Inc (PINK:SAPX) each lost more than 5% on Friday.
Watson Pharmaceuticals, Inc. (NYSE:WPI), J.C. Penney Company, Inc. (NYSE:JCP), Genco Shipping & Trading Limited (NYSE:GNK), Cliffs Natural Resources Inc (NYSE:CLF) and Cliffs Natural Resources Inc (NYSE:CLF) all lost between 4% and 5%.