Stocks Headed for a Flat Finish
Stocks are headed for a flat finish in trading today as investors continue to assess the European debt plan, which was unveiled on Wednesday night. All three major indexes have struggled for direction in trading today following the huge rally on Thursday.
At last check, the Dow Jones was trading 0.08% higher at 12,218.77, the S&P 500 was trading 0.24% lower at 1,281.54, and the Nasdaq was trading 0.24% lower at 2,732.07.
Whirlpool Corporation (NYSE: WHR) shares have been among the worst performers in trading today. The stock is continuing to slide in late trading after the company’s third-quarter results missed estimates. Whirlpool also lowered its outlook and announced that it will slash its workforce. Whirlpool shares fell to an intra-day low of $51.84. At last check, the stock was trading 13.26% lower at $52.45.
Other major losers in late trading today are Cablevision Systems Corporation (NYSE: CVC), which is currently trading 13% lower at $15.06, HMS Holdings Corp. (NASDAQ: HMSY), which is currently trading 13.41% lower at $23.49, Aon Corporation (NYSE: AON), which is currently trading 4.89% lower at $47.81, and HomeAway Inc. (NASDAQ: AWAY), which is currently trading 10.05% lower at $33.57.
Align Technology Inc. (NASDAQ: ALGN) shares have been among the best performers in trading today. The stock is rising after the company announced its third-quarter financial results. The company also announced a $150 million share repurchase program. Align Technology shares rose to an intra-day high of $23.73. At last check, the stock was trading 32.68% higher at $23.63.
Advanced Micro Devices Inc. (NYSE: AMD) shares are also soaring in trading today after the company’s third-quarter financial results came in ahead of expectations. Advanced Micro Devices shares rose to an intra-day high of $6.05. At last check, the stock was trading 8.48% higher at $6.01.
Post Written By: Ed Liston
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht. |