Tag: KMX

Major Movers on June 21; ZNGA, ORCL, KMX, DRI, THRX

Shares of Zynga Inc. (NASDAQ: ZNGA) plunged about 4.65% by afternoon trade. Morgan Stanley’s analyst Scott Devitt downgraded the social game maker’s stock to “underweight” from “overweight”. The research reports said that the popularity of its titles such as “FarmVille” “Poker” was fading fast as the competition was rising, adding that Zynga still relies far too heavily on Facebook Inc (NASDAQ: FB) to attract gamers. The research report said that company’s transition towards mobile gaming business will take some more time. Devitt thinks that Zynga might also slash more jobs in the futures, citing that it still employs more than required staff, which is weighing on EBITDA margin, the report added.

Continue reading Major Movers on June 21; ZNGA, ORCL, KMX, DRI, THRX

Major Movers on April 10; KMX, ADTN, MNKD, HMA, PSMT

Shares of CarMax Inc. (NYSE: KMX) gained about 2.30% by afternoon trading after the largest used car seller in the U.S. reported on Wednesday that fiscal fourth quarter profit climbed 13% as sales in used car and wholesale segment showed strong growth.

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Major Gainers and Losers in Early Trading on October 8; MPC, ACTG, KMX, PRGS, QLIK, VHC

Shares of Marathon Petroleum Corp. (NYSE: MPC), a Findlay, Ohio-based company engaged in the refining, transportation and marketing of petroleum products in the U.S., are soaring in trading today. At last check, MPC shares were trading 7.56% higher at $59.02 on above average volume of 3.20 million. The stock hit a 52-week high of $60.04 in trading today.

Continue reading Major Gainers and Losers in Early Trading on October 8; MPC, ACTG, KMX, PRGS, QLIK, VHC