News Column

SunEdison and Stratasys are big market movers

August 7, 2014



NEW YORK (AP) Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

SunEdison Inc., up $2.27 to $21.59

The solar technology and semiconductor developer reported a surprise second-quarter profit, beating Wall Street expectations.

Laredo Petroleum Inc., down $2.19 to $24.11

The oil and natural gas exploration and development company reported worse-than-expected quarterly profit and revenue.

Radian Group Inc., up 67 cents to $13.42

The mortgage insurance company reported second-quarter profit and a boost in new mortgage insurance written during the period.

SandRidge Energy Inc., down 57 cents to $5.19

The energy exploration company reported better-than-expected profit results, but revenue during the period fell short of forecasts.

Nasdaq

Stratasys Ltd., up $14.78 to $113.69

The 3-D printer maker reported better-than-expected quarterly results and increased its 2014 profit and revenue outlook.

Ctrip.com International Ltd., up $5.57 to $66.02

Priceline Group agreed to pay $500 million in a deal for up to a 10 percent stake in the Chinese travel service provider.

Horizon Pharma Inc., up $1.02 to $9.49

The drug developer reported better-than-expected quarterly financial results and boosted its long-term financial forecast.

Thoratec Corp., down $9.83 to $22.74

The medical device company reported weaker-than-expected quarterly financial results and lowered its financial outlook.


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Source: Associated Press


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