Dow Ends the Week at 17,850
Overseas markets were mostly down, with the UK, Germany, and Hong Kong all off about a point. The Hang Seng lost 283 points today, and London's FTSE down 54. Germany's DAX lead the international markets in real losses, dropping 1.26% in trading today.
MSFT) losing a little less of its value than Apple (AAPL). Microsoft dipped 0.46% in trading today, and lost 0.22 points to close at $46.14 per share. Apple lost 0.55% of its value, dropping 0.71 points to close the day's trading at $128.65 per share.
Under Armour (UA) Leads S&P 500 After UpgradeClothing and shoe manufacturer Under Armour (UA) lead the S&P 500 in gains briefly today, after being upgraded by analysts and investors at Davidson to ‘buy' from ‘neutral'. Shares of Under Armour shot up over 2% in the premarket, and the clothing manufacturer ended the day with 4.87% gains. Under Armour added 3.80 points to its share price, and closed today's trading at $81.84 per share.
GameStop (GME) Pays Out a 3.3% DividendVideo game retailer -- and one of my favorite stock picks -- GameStop (GME) issued a 3.3% dividend today. The company has been having a hot year so far, with growth of over 30%. GameStop rose 0.27% in trading today, posting a 0.12 point gain to close at $44.14 per share. The retailer is expected to keep rising on strong sales, and has met or exceeded earnings expectations for the previous year.
Zumiez (ZUMZ) Down 20%, $10 Million Short on GuidanceZumiez (ZUMZ), a sports equipment retailer based out of Washington, lowered their guidance today to reflect sales shortfalls. That spurred a selloff, where the company lost 20% of its value before trading was suspended on the stock. Zumiez was down by 19.30% today, losing 5.74 points to close the day at $24.00 per share.
Published on Jun 5, 2015By Aaron Phillips