Friday’s Large Cap Winners and Losers

As the new trading week winds down, the markets seemed to have recovered nicely at the end of this week after suffering four straight losing days. When the market is up, there tend to be more winners than losers, and Friday was no different. Let us take a quick look around the markets and check out the biggest gainers and decliners among long-cap stocks.


Expedia Inc (NASDAQ:EXPE)

Expedia Inc. (NASDAQ:EXPE): The company’s stock shot up more than 20 percent on Friday after impressive quarterly earnings showed an EPS of 89 cents and revenue of $1.04 billion, which lapped analysts’ estimates of 72 cents and $989 million.

Groupon (NASDAQ:GRPN): This stock recovered nicely from a rough Thursday as investors decided to do some value buying. The stock jumped 20 percent to $8 a share.

Ixia (NASDAQ:XXIA): The telecom company saw its shares soar 16 percent after its second quarter earnings beat estimates, and the company raised its third-quarter revenue expectations. The stock was at $15 a share.

NetSuite Inc. (NYSE:N): Its stock moved more than 15 percent higher to $57 a share Friday after posted a strong earnings report, with both EPS and revenue topping estimates.

Ubiquiti Networks, Inc. (NASDAQ:UBNT): The company saw its stock price go up 18 percent to more than $17.80 a share.

Alpha Natural Resources, Inc. (NYSE:ANR): Riding on the heels of a coal surge, this stock moved 20 percent higher, past the $7 mark.

Qlik Technologies, Inc. (NASDAQ:QLIK): Stock moved 18 percent higher to nearly $21 a share in the wake of its earnings report post-market Thursday, which showed $86 million in revenue for the quarter and EPS of 2 cents.

Arch Coal, Inc. (NYSE:ACI): This stock spiked 29 percent to $6.80 a share after its earnings report easily surpassed expectations.

As a side note, digital fingerprint-sensor maker AuthenTec (NASDAQ:AUTH) is not a large-cap company, but it is the biggest gainer today because of its headline Friday that it was being purchased by Apple, Inc. (NASDAQ:AAPL) for $356 million. That shot the stock price up 6 percent to just shy of $8.50.


Facebook (NASDAQ:FB): The most noteworthy decliner on this list, the stock dropped another 11.7 percent to under $23.75 a share after disappointing earnings results Thursday evening. Mark Zuckerberg made bullish comments about the smartphone market.

Coinstar, Inc. (NASDAQ:CSTR): The stock fell more than 13.5 percent to about $51.15 Friday not so much on earnings, but instead reacted more to the forward guidance, which was below analysts’ expectations.

Qlogic Corporation (NASDAQ:QLGC): The stock tumbled more than 11 percent to about $11.20 a share after a disappointing quarterly earnings report.

Amarin Corporation PLC (NASDAQ:AMRN): This stock lost nearly 12 percent of its value to about $13.50, even after receiving FDA approval for its first drug, Vascepa. The drop is believed to be due to the restrictions placed on the drug by the FDA, which apprently will drastically reduce the market.