Information provided by Theflyonthewall.com
Gunmakers Smith & Wesson
) and Sturm, Ruger
) continued their recent weakness as a Wall Street Journal cover story highlighted some of the ways American companies are distancing themselves from guns and their makers in the aftermath of last week's tragedy in Connecticut.
Among the recent developments, private equity firm Cerberus Capital Management decided to put gunmaker Freedom Group up for sale.
Among the notable market gainers Tuesday was Arbitron
), up over 23% after agreeing to be bought by Nielsen
) for $48 per share in cash. Shares of acquirer Nielsen also rose about 3%.
Among the noteworthy losers was Galena Biopharma
), down 17% after it sold common stock and warrants to purchase additional shares in a public offering.
Also lower was GT Advanced Technologies
), which was downgraded at Raymond James and Stifel Nicolaus and saw its shares slide more than 12% after issuing guidance well below Street expectations.