Markets muddled around all day before finishing down across the board. The S&P 500 lost 0.37% to close at 1626.67, while the Dow Jones Industrial Average fell 0.15% to 15082.62. The Nasdaq managed to hold to a loss of 0.12% at 3409.17.
The squeeze was on at Green Mountain Coffee Roasters (NASDAQ:GMCR), which surged nearly 28% after its quarterly earnings beat analysts’ expectations and announced plans to extend its K-Cup partnership with Starbucks (
Electric automobile manufacturer Tesla Motors (NASDAQ:TSLA) also scared out the shorts after announcing its first-ever profit and revenues that topped Street estimates. TSLA stock ended Thursday up more than 24%.
Groupon (NASDAQ:GRPN) joined in the rally on surprisingly good news, gaining nearly 12% after a strong first-quarter report showed both revenue growth and smaller losses, as well as North American sales that improved 42% year-over-year.
A report saying Microsoft ( could offer to buy the digital assets of Barnes & Noble’s (NYSE:BKS) Nook Media unit for $1 billion sent BKS shares up 24% on the day. MSFT continued a recent slide, however, scaling back 1%.
Dish Network (NASDAQ:DISH) didn’t fare as well after issuing a quarterly report that showed declines on both the top and bottom lines, highlighted by a 40% drop in earnings. DISH traded down just over 2% by day’s end.
Finally, Monster Beverage (
- Orbitz (NYSE:OWW): Up 21.2% ($1.37) to $7.82.
- Sodastream (NASDAQ:SODA): Up 6.8% ($3.53) to $56.49.
- Sunpower (NASDAQ:SPWR): Up 6.3% (96 cents) to $16.32.
- Rackspace (NYSE:RAX): Down 24.7% ($12.88) to $39.36.
- Cooper Tire & Rubber (NYSE:CTB): Down 7.6% ($1.99) to $24.35.
- Seagate Technology (NASDAQ:STX): Down 4.7% ($1.99) to $40.33.
Marc Bastow is an Assistant Editor at InvestorPlace.com. As of this writing, he was long MSFT.