Information provided by Theflyonthewall.com
Shares of smartphone maker BlackBerry
) plunged over 24% after the company unexpectedly reported a first-quarter loss. The company reported its subscriber base shrunk last quarter and sales of its new line of BB10 devices fell short of expectations.
Sneaker and athletic product maker Nike
) fell a bit over 1% in spite of quarterly earnings and revenue that beat expectation, as its guidance may have disappointed investors. Finish Line
), which makes its money selling shoes from Nike and others, rose 4% after its own quarterly earnings beat expectations.
Among the notable gainers was Halozyme Therapeutics
), which rose 25% after its partner Roche
) received a positive recommendation from the European Medicines Agency for a drug which uses Halozyme technology.
Also higher were shares of Arkansas Best
), which advanced 10% after employees of one of its units represented by the Teamsters ratified a five-year labor agreement.
Among the noteworthy losers were a number of home health agencies, including Amedisys
), which fell 13a% after the Centers for Medicare & Medicaid Services proposed 2014 reimbursement cuts for the group. Also lower were shares of consulting company Accenture
), which dropped 11% after the company reduced its fiscal 2013 earnings per share guidance and provided lower than expected fourth quarter revenue guidance.