Movers roundup: Lennar, Avocent

Among the stock activity stories for Tuesday, July 1, from AP Financial News:

NEW YORK (AP) _ Lennar Corp. shares fell to a nearly eight-year low Tuesday, continuing a downward trend, after the company reported dismal fiscal second-quarter results last week.

NEW YORK (AP) _ Shares of Avocent Corp. jumped Tuesday after the company said Monday it boosted its second-quarter revenue target above Wall Street's expectations, news that led an analyst to reiterate a top rating.

NEW YORK (AP) _ Secure Computing Corp. may be a less risky investment now that Wall Street expectations for the information technology security products provider have become more realistic, an analyst said Tuesday.

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Avocent Corp

AVCT Down! $22.59 -1.05 (-4.44%) 4:00 PM
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9 Underperforms
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