Market Overview

Stocks To Watch For July 3, 2014

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Stocks To Watch For July 3, 2014
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Mid-Afternoon Market Update: International Speedway Slips On Weak Results; Applied Genetic Technologies Shares Spike Higher

Some of the stocks that may grab investor focus today are:

Synnex (NYSE: SNX) reported better-than-expected results for the second quarter. However, the company issued downbeat outlook for the third quarter. It expected adjusted earnings of $1.45 to $1.50 per share on revenue of $3.3 billion to $3.4 billion. Analysts were projecting earnings of $1.53 per share on revenue of $3.29 billion. Synnex shares fell 2.73% to $71.91 in the after-hours trading session.

Wall Street expects International Speedway (NASDAQ: ISCA) to report its Q2 earnings at $0.49 per share on revenue of $186.34 million. International Speedway shares gained 1.02% to close at $33.56 yesterday.

Chesapeake Utilities (NYSE: CPK) announced a three-for-two stock split of its outstanding common stock. Chesapeake Utilities shares fell 2.18% to close at $70.91 yesterday.

QLogic (NASDAQ: QLGC) appointed Tony Carrozza as the senior vice president of worldwide sales. The company also announced its plans to report its FQ1 results after the closing bell on July 24, 2014. QLogic shares declined 0.10% to close at $10.24 yesterday.

Shares of GoPro (NASDAQ: GPRO) tumbled 13.85% in regular trading session on Wednesday after strong gains following its IPO. GoPro shares slipped 0.33% to $41.90 in after-hours trading.

Posted-In: Earnings News Guidance Management Stock Split Pre-Market Outlook Markets Trading Ideas

 

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