Today’s Market Winners and Losers

24/7 Wall St.

The stock market is mixed Wednesday, with the Dow Jones Industrial Average up 0.14%, the Nasdaq down 0.14% and the S&P 500 up 0.05%. Today’s winner is a popular company trying to capitalize on increasing use of mobile technology, while today’s loser is a pharmaceutical company whose drug won’t be covered by a major insurer.

This is Wednesday’s biggest winner and loser.

Biggest Winner

Shares of Groupon Inc. (NASDAQ: GRPN) are up  8.74% to $5.10 on trading volume of 9.4 million shares. The daily-deals company on Wednesday announced it had introduced a mobile payment service for Apple Inc.’s (NASDAQ: AAPL) iPad and iPod Touch. The 52-week high is $31.14.

Biggest Loser

Shares of Questor Pharmaceuticals Inc. (NASDAQ: QCOR) are down 35.61% to $32.52 on trading volume of 10.8 million shares. Citron Research announced that Aetna Inc. (NYSE: AET) is dropping nearly all of its coverage…

View original post 23 more words

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s