Midday movers: Nasdaq, Ann Taylor, Pandora

Stocks return to positive territory after brief sell-off following release of New Home Sales report.

By MSN Money Partner Aug 23, 2013 12:39PM
copyright SuperStock, CorbislogoInformation provided by Theflyonthewall.com

Nasdaq (NDAQ) is up almost 1% a day after trading on the exchange was halted over a technical glitch. CEO Bob Greifeld defended the exchange operator's response, saying "we came back successfully" and called for more defensive driving or increased attention to backup plans. 

Among the notable gainers was Ann Taylor (ANN), which rose 3% after it reported better-than-expected Q2 earnings results. 

Also rising were shares of Autodesk (ADSK), which advanced nearly 9% after it reported encouraging Q2 earnings results and it was upgraded at B. Riley. 

Among the noteworthy losers was Hibbett Sports (HIBB), which fell 10% after it cut its FY14 EPS guidance. Also lower were shares of Pandora (P), which slipped over 12% after its Q3 guidance disappoints and the company was downgraded at Raymond James and Stifel.  
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