TradingMarkets 7 Stocks You Need to Know for Friday
Stocks plunged on Thursday as a fresh round of credit-related problems hit a number of financial institutions. The Dow lost -214.60, the Nasdaq Composite -52.31, and the S&P 500 -29.36.
Here are 7 stocks to watch…
Washington Mutual
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PowerRating) lost more than 8% after its debt was downgraded by S&P.
PETsMART
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PowerRating) lost nearly 12% after missing earnings estimates by $0.07.
Urban Outfitters
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PowerRating) beat earnings estimates but failed to escape today’s widespread selling. URBN closed down nearly 3%.
After the close, Cooper Cos.
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PowerRating) reported earning in-line with estimates but issued mixed guidance.
Marvell Technology Group
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PowerRating) beat fourth quarter estimates by $0.09.
Ciena
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PowerRating) reports before the market open on Friday, with analysts expecting $0.40.
Do you think Fannie Mae
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PowerRating) will close up or down on Monday? Play TradingMarkets Up or Down Daily Stock Contest for the chance to win $1000 every month by predicting the direction of a stock.