Movers roundup: Radware, RadioShack
By
Associated Press
April 28, 2008
|
Among the stock activity stories for Monday, April 28, from AP Financial News:
NEW YORK (AP) _ Shares of Radware Ltd. tumbled Monday after the Israeli network management software maker posted disappointing first-quarter results as higher costs outweighed a small revenue gain and led to a much wider loss than Wall Street expected.
NEW YORK (AP) _ Shares of RadioShack Corp. declined on Monday after the electronics retailer said first-quarter profit fell 9 percent, hurt by weak results from its Sprint wireless business.
NEW YORK (AP) _ Shares of supercomputer maker Cray Inc. are rising in afternoon trading Monday after an analyst upgraded the supercomputer maker, citing greater chip availability from Advanced Micro Devices Inc.
NEW YORK (AP) _ Shares of Bebe Inc. fell Monday after an analyst said that any turnaround at the apparel retailer isn't likely to come before the fall season and downgraded the stock.