5 Stocks Making Moves As Markets Stage Late Day Rebound on April 14th
The Dow Jones (NYSE:DIA) closed higher at 12,285, the S&P 500 (NYSE:SPY) closed at 1314 and the Nasdaq (NASDAQ:QQQ) closed a tad lower at 2,760 on the 72nd trading day of 2011, and here is a group of stocks making moves on our radar and the reasons why:
1) Google (NASDAQ:GOOG): Shares closed at $578.51 per share. Google released earnings after-the-bell and the stock is down over 4%. Google delivered a rise of 17.5% from the year earlier quarter and revenues rose 26.6% to $8.57 billion year over year. Google Inc. is a global technology company that provides a web based search engine through its website. The Company offers a wide range of search options, including web, image, groups, directory, and news searches.
2) Zipcar (NASDAQ:ZIP): Shares ended higher at $28 per share from an initial price offer of $18 per share. Today was a monster day for their IPO and very successful indeed. Zipcar operates a car-sharing service in 14 cities and at more than 230 college and university campuses across the U.S. and U.K. It offers self-service cars for use by the hour or by the day, and claims 560,000 members. The company has more than 8,000 vehicles.
3) Microsoft (NASDAQ:MSFT): Shares ended lower at $25.42 per share. Microsoft is challenging Google Apps (NASDAQ:GOOG) in an effort to protect its famous Office software and Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices.
4) Fairchild Semiconductor International (NYSE:FCS): Shares closed higher at $18.31 per share. The company earned $43.5 million, or $.33 cents per share relative to $22.6 million, or $.18 cents per share, in the year-ago quarter. Revenue increased 9% to $413 million. Fairchild Semiconductor International, Inc., is a global supplier of high performance products that minimize, convert, manage and distribute power for multiple end markets. The Company’s focus is on developing power and interface solutions for a broad range of electronic devices. Fairchild Semiconductor components are used in computing, communications, and other applications.
5) Goldman Sachs (NYSE:GS): Shares closed lower 2.73% at $155.79 per share. Banks were on the hot seat today.Read: LIARS! Goldman Sachs is the Next Barry Bonds. The Goldman Sachs Group, Inc., a bank holding company, is a global investment banking and securities firm specializing in investment banking, trading and principal investments, asset management and securities services. The Company provides services to corporations, financial institutions, governments, and high-net worth individuals.