Midday movers: Ford, Yamana Gold, MicroVision
Stocks slide following disappointing monthly jobs report.

All the major automakers declined more than the broader market after reporting their May sales figures, with Chrysler owner Fiat (FIATY) lower by 5%, Ford (F) down over 3.5%, and General Motors (GM) and Toyota (TM) shares both faring only a bit better, off by about 2.5%.
Numerous gold-mining stocks rose amid the negative global macro reports, with Barrick Gold (ABX), Goldcorp (GG), Newmont Mining (NEM) and Yamana Gold (AUY) all higher by at least 7%.
Among the notable gainers were PharmAthene (PIP), up 42%, after a court issued its final judgment awarding the company 50% of the net profits over a period of ten years from all sales of SIGA Technology's (SIGA) smallpox antiviral treatment, and MicroVision (MVIS), up 21%, after announcing it has received purchase orders from Pioneer valued at over $4M.
Noteworthy losers included OmniVision (OVTI), down 15%, after reporting lower than expected Q4 earnings and predicting that its EPS for the current quarter would come in below consensus, and Leap Wireless (LEAP), down nearly 10%, following a downgrade at BMO Capital, which cited the stock's relative valuation and margin pressure on the company from its new iPhone deal.
MORE ON MSN MONEY
DATA PROVIDERS
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
LATEST POSTS
Stocks sag as the Fed chairman says a stronger economy may let the central bank start to end its bond-buying program late this year. But Bernanke sees low rates lasting into 2015.
FIDELITY VIEWPOINTS
- How to sell covered calls - Fidelity Investments
- Savvy year-end tax moves to consider now - Fidelity Investments
- Seven ways to prepare for tax changes
- Five reasons an annual review is crucial - Fidelity Investments
- Take a look at mid caps now - Fidelity Investments
- State of the sector: Health care - Fidelity Investments
VIDEO ON MSN MONEY
ABOUT
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.
