Wall Street advanced on Friday after December employment growth rate roughly met economists’ projections and data from the Institute for Supply Management showed non manufacturing economic activity was surprisingly strong.
In corporate news, Accuray Incorporated (NASDAQ:ARAY) led top losers on Friday after cutting forecast and a decision to cut jobs.[article_detail_ad_1]
Silicon Image, Inc. (NASDAQ:SIMG) also was another biggest decliner on Wall Street after issuing weak forecast.
Endo Health Solutions Inc (NASDAQ:ENDP) suffered new 52-week low a day after it maintained fiscal 2012 earnings projection and provided fiscal 2013 forecast.
Finish Line Inc (NASDAQ:FINL) went down to new low after the retailer reported an unexpected loss for its fiscal third quarter, citing a misjudgment in footwear trends and an hostile response to its new online store that has since been shuttered.
MAKO Surgical Corp. (NASDAQ:MAKO) tumbled to new low after Piper Jaffray predicted the company to preannounce Q4 results on Monday morning, January 7, and recommended investors to buy the stock before the release.
Silvercorp Metals Inc. (USA) (NYSE:SVM) fell to 1-year low after Bernstein Liebhard LLP commennced Class Action Lawsuit.
Barnes & Noble, Inc. (NYSE:BKS) lost more than 6% after it reported Holiday sales fall on Nook Devices.
Gafisa SA (ADR) (NYSE:GFA) declined without any major news.
SunPower Corporation (NASDAQ:SPWR) failed to sustain rally it saw after analysts at Lazard upgraded the stock to Buy from Neutral and issued a $11 price target.
Coinstar, Inc. (NASDAQ:CSTR) was unable to avoid negative reaction to appointment of J. Scott Di Valerio, currently its CFO, as the company’s next chief executive officer, effective April 1, 2013. Di Valerio will replace Paul Davis, who is going to retire on March 31, 2013.
Apple Inc. (NASDAQ:AAPL) was also in negative terriotry after a report hit the market claiming that the iPad is losing market share to Amazon’s Kindle Fire tablets.
Online ad network and data analytics firm Chitika Insights monitored tablet activity over December and found that while the iPad still dominates tablet-generated web traffic with 78.86 percent, its market share was down 7.14 percent.