Market Winners and Losers for Feb. 23
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Shares of the following companies were among those that made noteworthy moves in the U.S. stock market on Tuesday:
Advancers
American Public Education Inc. shares advanced 7.5% after the operator of the American Military University reported results topping forecasts.
Expeditors International of Washington Inc. shares rose 6.8% after the cargo-ship manager reported quarterly earnings that beat analysts' expectations.
PMI Group Inc. shares jumped more than 11%.
Radian Group Inc. shares climbed 9.3% after the second-biggest mortgage insurer reported its losses narrowed more than Wall Street anticipated.
Decliners
American International Group Inc. shares were down 5.9%.
Brocade Communications Systems shares fell 23% after the network equipment maker's outlook disappointed.
CommScope Inc. fell almost 13% after the maker of communications cables offered a disappointing forecast.
Eastman Kodak Co. shares were down 5.4%.
First Solar Inc. shares declined 6.5%.
Healthsouth Corp. declined 6.9% after the provider of inpatient rehab services' forecast fell under expectations.
Lennar Corp. shares were down 5.2%.
Massey Energy Co. shares dropped 6.2% one day after a federal judge rejected a request to dismiss Massey's lawsuit against anti-mining activists.
MercadoLibre Inc. shares fell 7% after the Latin American online auctioneer reported revenue under expectations.
Orbitz Worldwide Inc. shares dropped almost 16% after the online travel site reported a bigger-than-expected loss for the fourth quarter.
Palm Inc. shares shed 10% of their value after the smartphone maker drew a broker's downgrade.
Patriot Coal Corp. shares were down 8.9% after the coal producer said it had temporarily suspended operations at a mine in West Virginia.
RadioShack Corp. shares were down 6.8% after the retailer reported disappointing sales in some segments.
Sprint Nextel Corp. shares were off 5.5%.
Tenet Healthcare Corp.
shares were off 9.5% after the hospital operator said its admissions fell in the fourth quarter.
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