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Movers Roundup: Sanderson Farms, Inspire Pharma

By Associated Press
June 6, 2008 | Comments (0)

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Among the stock activity stories for Friday, June 6, from AP Financial News:

NEW YORK (AP) _ Shares of poultry producer Sanderson Farms Inc. dropped Friday after a Stephens Inc. analyst cut her rating on the stock, saying the company is performing well but most of the good news is already priced in to the shares.

NEW YORK (AP) _ Shares of Inspire Pharmaceuticals Inc. surged Friday after the drug developer said its developing cystic fibrosis treatment improved patients' lung function in a late-stage study.

NEW YORK (AP) _ Shares of Bottomline Technologies Inc. jumped Friday despite a broader market decline after an analyst upgraded the maker of payment and invoice automation software and said he is growing more confident in the stock.

NEW YORK (AP) _ Marvel Entertainment Inc.'s stock dipped Friday as an analyst downgraded the company, saying it lacks a catalyst that could push shares higher next year.

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