Stocks to Watch (NTRI, CRUS, RBN, TISI, LAD)
Shares of NutriSystem Inc. (NASDAQ: NTRI) zoomed 23.26% to $18.55 the company, which sells prepared meals to help clients lose weight, said its 14-day starter Program will be offered through 3,200 Wal-Mart Stores, Inc. (NYSE: WMT) outlets.
Cirrus Logic, Inc. (NASDAQ: CRUS) rose 9.75% to $5.63 in aftermarket hours after the graphics chipmaker said sales in the fiscal second quarter probably increased to $55.7 million, beating its forecast, because of higher demand for audio products.
Robbins & Myers, Inc. (NYSE: RBN) dropped 7.13% to $21.50 as the maker of fluid management systems and products forecast first- quarter earnings of 15 cents a share at most, trailing the average estimate of 22 cents from analysts in a Bloomberg survey.
Team, Inc. (NASDAQ: TISI) plunged $1.44 or 8.73% to $15.06 The provider of industrial services reported first-quarter profit excluding some items of 9 cents a share, 17 percent less profit than analysts estimated.
Lithia Motors, Inc. (NYSE: LAD) fell 6.24% to $12.92 after the retailer that gets almost a third of its new-vehicle sales from Chrysler LLC said it’s offering 4 million shares of Class A common stock, raising money to repay debt and fund potential acquisitions.
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