10 Intraday Movers and Shakers

Big moves today on earnings

   

The following are some of today’s most notable movers of interest, ranked by percentage change (all stocks over 100K average daily volume).

Biggest Intraday Gainers

  • Constellation Brands (NYSE:STZ) 39.00 – 44.18, +36.86%: STZ rocketed to a new high for 2013 after announcing an agreement that establishes Crown Imports as the #3 producer and marketer of beer in the U.S.
  • Angie’s List (NASDAQ:ANGI) 16.67 – 18.19, +24.52%: Earnings released after the close of trading on Wednesday show Angie’s List earned $2.4 million (4 cents a share) on revenue of more than $46 million for the quarter ended Dec. 31. Membership in the company was up more than 60% from the end of 2011. This beat estimates by analysts at FactSet who forecasted a loss of 2 cents per share
  • H.J. Heinz Company (NYSE:HNZ) 71.85 – 72.61, +19.66%: The company announced today that it will be acquired by an investment consortium between Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) and 3G Capital. Heinz shareholders will receive $72.50 in cash for each share of common stock owned. The deal has been valued at $28 billion.
  • Alpha Natural Resources(NYSE:ANR) 9.05 – 9.90, +13.90%: The coal producer announced Thursday that its losses were reduced during the fourth-quarter and that it lost $127.6 million, or 58 cents per share, for the period ended Dec. 31 compared to a loss of $792.9 million, or $3.62 per share, for the same quarter a year earlier.
  • Zillow (NASDAQ:Z) 41.50 – 47.85, +8.55%: The company announced quarterly revenue that was up 73% as the real estate website brought in more and more users. Zillow was up as high as 12% in after-market trading Wednesday following the company’s forecast of revenue between $36 and $37 million.

Biggest Intraday Declines

  • Weight Watchers (NYSE:WTW) 43.60 – 45.90, -17.35%: Decreased attendance at its meetings remained low and has caused WTW to forecast full-year earnings to come in below expectations. This sent its shares down more than 15% in after the bell Wednesday.
  • Stamps.Com (NASDAQ:STMP) 22.35 – 25.58, -12.89%: STMP reported fourth-quarter revenue that missed expectations, despite an otherwise decent quarter. The company also announced weaker-than-expected guidance for 2013.
  • Strayer Education (NASDAQ:STRA) 53.68 – 60.00, -15.77%: STRA recently named a new chief executive and reported poor fourth-quarter earnings that dropped almost 40% because of declines in student enrollment. Revenues also missed consensus estimates.
  • Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA) 86.90 – 89.50, -11.71%: CEO Chuck Rubin will step down next week from the company’s highest position in order to become CEO at Michaels Stores Inc. This caused Credit Suisse (NYSE:CS) to cut its rating to neutral from outperform, citing future uncertainty.
  • Whole Foods Market (NASDAQ:WFM) 87.11 – 89.88, -9.68%: WFM announced fiscal first-quarter profit that was up 24% as the chain’s sales continued to rise while margins expanded. However, they projected weaker sales and margins for the remainder of 2013.

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