Here are a few stocks to keep on your radar Tuesday:
- Shares of Urban Outfitters (NASDAQ:URBN) fell more than 15% in early Tuesday trading after the hipster apparel retailer disappointed with fourth-quarter earnings late Monday. Several investment firms downgraded the stock — Wall Street Strategies contended the company is having difficulty incorporating the “evoloution” in womens’s fashion at its namesake and Anthropologie stores.
- Dick’s Sporting Goods (NYSE:DKS) gained 5.2% after the company beat fourth-quarter profit estimates and guided higher for its fiscal 2010 revenue. Dick’s said same-store sales rose 9.4% in the quarter.
- Atrinsic (NASDAQ:ATRN) continued to rally — to the tune of a 24% rise — after a surge of more than 80% on Monday, which was sparked by the company’s announcement that subscribers to its Kazaa digital music service could access the site via Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG) Android devices without first needing to download an application.
- Shares of Pharmasset (NASDAQ:VRUS) continued to rally after jumping more than 20% on Monday following news that the company’s two-pill combination treatment for hepatitis C had worked in 94% of study patients after two weeks. On Tuesday, the stock had added another 3.5%.
- Ankeny, Iowa-based Casey’s General Stores (NASDAQ:CASY) fell more than 9% on Tuesday after the company missed fiscal third-quarter profit estimates late Monday. RBC Capital noted the downside came largely from higher-than-expected expenses, as gross margins deteriorated in the company’s grocery and prepared food lines, in part from higher commodity costs.
