Movers roundup: Wynn Resorts, American Eagle
By
Associated Press
June 27, 2008
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Among the stock activity stories for Friday, June 27, from AP Financial News:
NEW YORK (AP) _ Shares of Wynn Resorts Ltd. dropped to a 52-week low on Friday after an analyst lowered his earnings estimates for the company and recommended that investors view the gaming sector "very cautiously" in the near future.
NEW YORK (AP) _ Shares of teen apparel retailer American Eagle Outfitters Inc. hit a six-year low on Friday, after the company said its president and chief marketing officer will leave.
NEW YORK (AP) _ Shares of FedEx Corp. touched its lowest point since June 2004 Friday _ the stock's third multiyear low this week _ as oil prices jumped to a new record past $142 a barrel.
INDIANAPOLIS (AP) _ Shares of The Finish Line Inc. jumped 18 percent Friday morning, a day after the company beat Wall Street expectations by reporting a fiscal first-quarter profit.