Thursday, June 14, 2012

Thursday’s biggest gaining and declining stocks

Thursday’s biggest gaining and declining stocksOrlando, FL 6/14/12 (StreetBeat) – Below are some of the most active stocks in U.S. trading on Thursday:


Quest Software (Nasdaq:QSFT) rose 8% Thursday after the firm said it’s received a proposal for a buyout of the firm at $25.50 in cash.

International Game Technology (NYSE:IGT) shares rose 10.3%. Earlier Thursday the company said it is buying back $1 billion of its common shares, including a $400 purchase form Goldman Sachs.


Credit Suisse Group AG (NYSE:CS) dropped 9.3% after the Swiss National Bank urged the banking group to increase capital to prepare for an escalation of the euro-area crisis.

Nokia (NYSE:NOK) shares tumbled 15%. Earlier Thursday the firm unveiled sweeping changes to its business, including 10,000 additional job cuts and a broad management shake-up, as the struggling company cut its earnings outlook for the third time in a little over a year.

Aegerion Pharmaceuticals (Nasdaq:AEGR) fell almost 10%. The firm said Thursday that it will sell an undetermined number of shares to raise money to run its business,

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