Movers roundup: Dick's Sporting Goods, Level 3

Among the stock activity stories for Thursday, May 22, from AP Financial News:

NEW YORK (AP) _ Shares of Dick's Sporting Goods Inc. hit a 52-week low on Thursday, after the sporting-goods retailer missed first-quarter expectations and lowered its fiscal-year forecast amid a difficult retail environment.

NEW YORK (AP) _ Shares of Level 3 Communications Inc. soared Thursday after a Wachovia Capital Markets upgraded the network services provider following recent meetings with Level 3 management.

NEW YORK (AP) _ Shares of Citi Trends Inc. ticked higher Thursday after the company's first-quarter results exceeded expectations and an analyst predicted the apparel retailer would get a boost from tax rebate spending.

NEW YORK (AP) _ Shares of dental and veterinary products supplier Patterson Cos. dropped Thursday after the company posted fiscal fourth-quarter profit that met analysts' expectations, but revenue fell short.

NEW YORK (AP) _ Shares of Jackson Hewitt Tax Service Inc. tumbled on Thursday after the tax-return preparer said it missed its 2008 targets and cut its outlook.