Children’s Place Retail Stores, Inc’s (NASDAQ:PLCE) stock moved up after the company announced fiscal Q1 earnings tumbled 22 percent on weaker similar-store sales. Adjusted EPS and sales surpassed forecasts.
Children’s Place Retail Stores, Inc. (NASDAQ:PLCE) last session’s volume of 1.41 million shares was higher than its average volume of 328,818 shares. The stock after opening at $54.90 hit high price of $56.83 and then closed at $52.89 by scoring +2.76%.
Shares of Cirrus Logic, Inc (NASDAQ:CRUS) moved down around -20% after adjusted its business model for a lower gross margin view and mentioning higher pricing pressures in the Smartphone market, as shown in a investor presentation in a regulatory filing.
Cirrus Logic, Inc. (NASDAQ:CRUS) on May 23, 2013 decreased -19.53% to the closing price of $17.76. The overall volume in the last trading session was 24.86 million shares. Its fifty two weeks range was $17.33 – $45.49. The total market capitalization remained at $1.14 billion.
Dollar Tree, Inc (NASDAQ:DLTR) reported fiscal Q1 earnings hiked 15 percent as the company’s similar-store-sales expansion surpassed Wall Street forecasts. Sharesof the discount retailer hiked after the company lifted its full-year earnings outlook.
Dollar Tree, Inc. (NASDAQ:DLTR) gained +3.76%, reaching at $50.19 after hovering between $48.63 and $51.20. This stock is ahead of its 52-week low with 35.21% and lagging behind from its 52-week high price with -11.66%. DLTR’s last month’s stock price volatility remained 1.87%.
Dover Corp (NYSE:DOV) stock hiked following the news that its board has approved a scheme to spin off certain of its communication technologies units into a standalone, publicly traded company, a plan it said will give both companies greater flexibility to concentrate on expansion strategies.
With a recent gain of +4.10% to $79.54, the share price of Dover Corp (NYSE:DOV) has moved forward from its 20 days moving average with 8.87% and remote positively from 50 days moving average with 9.80%.
The dry-bulk shipper DryShips Inc (NASDAQ:DRYS) stock plunged after the news that fiscal Q1 loss widened as the company booked losses on the sale of bulk carriers and higher costs, however revenue moved up.
DryShips Inc. (NASDAQ:DRYS) decreased -8.61% to the closing price of $1.91. The stock showed weekly downbeat performance of -9.05% which was maintained for the month at 3.80%. Likewise the negative performance for the quarter was recorded as -3.05% and for the year was -15.11% while the YTD performance remained at 19.37%.
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