Stock Market Recap: SanDisk and Cambell Soup Fall Hard
US equity indexes hit a 4 month intraday high today then pulled back to close mixed on the session, The DJIA closed up +41.36 to 13028.16, the S&P 500 closed up +1.28 to 1426.63 and the NASDAQ gave back -12.76 ending the day at 2516.09.
SanDisk
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PowerRating) collapsed 8.08% or $2.62/share to 29.89 after the CEO stated April sales were soft. The world’s leading maker of flash memory cards led the NASDAQ lower on the news.
Cambell Soup Company
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PowerRating) dropped 5.73% or $2.06/share to $33.88 announced its largest drop in 5 years on the heels of not meeting analysts expectations.
Amazon
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MasTech Inc
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PowerRating) – rocketed up 13.31% or $1.34/share on a CNBC mention. The installer of DirectTV networks gained the most since July 2004 after Jim Cramer talked about its wind service network.
Oil hit 127.33 and gold added $5.90 to 905.80.
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