The following are some of today’s most notable mid- and large-cap movers (over $1 billion) with over 100,000 average daily volume. The gainers and losers are ranked by percent change:
Top Intraday Gainers:
Swift Transportation Co. (NYSE:SWFT) 12.01 – 13.00, +26.78%: Reported revenues of $922.6 million, significantly above analyst expectations of $882.9 million.
Top Intraday Losers:
Apple (NASDAQ:AAPL) 450.66 – 465.73, -11.56%: Does it even need to be said? Apple is down on sales below expectations reported in last night’s earnings release. Speculation about the company cannibalizing its own sales with increasingly frequent product releases doesn’t help either.
OSI Systems, Inc. (NASDAQ:OSIS) 57.50 – 64.19, -14.15%: This electronics company is gapping lower based on disappointing revenues in the recent earnings report. Revenue for the quarter came in at $194 million versus the consensus estimate of $211.4 million.
Flagstar Bancorp (NYSE:FBC) 15.50 – 18.18, -11.78%: FBC reported disappointing earnings today, with increased revenues but diluted EPS down to $1.12 from $1.41 in the same quarter last year.
InvestorPlace advisor John Lansing tracks the charts all day and offers expert technical analysis in his day trading, options and trading services: Power Trading at the Open, Parabolic Options and Trending123. For more information on which service is for you click here.