Thursday, July 5, 2012

Thursday’s biggest gaining and declining stocks

Thursday’s biggest gaining and declining stocksPalm Beach, FL 7/5/12 (StreetBeat) – Shares of the following companies made notable moves Thursday in U.S. premarket trade:


International Speedway ISCA +2.67% was up 5% after posting jumps in both revenue and profit for its second quarter

Netflix NFLX +11.19% rose 7%, building on gains made in Tuesday’s holiday-shortened session.

OraSure Technologies Inc. OSUR +11.57% rose 7%, extending recent gains that came after the Food and Drug Administration approved the company’s over-the-counter HIV testing kit.

Ross Stores ROST +6.97% gained almost 6% after the retailer posted June same-store sales that topped analyst estimates.

Victoria’s Secret parent Limited Brands Inc. LTD +7.07% gained 5% after it said same-store sales rose 7%, well ahead of the 2.4% increase Wall Street was expecting.

SXC Health Solutions Corp. SXCI +1.88% rose 6%. Credit Suisse reiterated its outperform rating on the health-care firm and said the next major catalyst for the company will be forecasts accompanying second-quarter results.


Ambow Education Holding Ltd. AMBO -11.21% fell 9% after the company said late Wednesday it swung to an adjusted first-quarter loss of 14 cents a share, compared with adjusted profit of 4 cents a share in the year-ago period.

Buckle BKE -5.55% was off 5% after reporting drops in both same-store and total sales last month.

Cato Corp. CATO -9.81% was off 6% after it posted a 10% slump in June same-store sales.

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