MARKET PULSE-Coupons.com, Skullcandy, Big Lots, Alaska Communications
(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) The S&P 500 hit a fresh intraday record high on Friday after more jobs than expected were created in February and January's figure was revised higher, with traders keeping an eye on lingering tensions in Ukraine. The Dow Jones industrial average was up 0.39 percent at 16,485.22, the S&P 500 was up 0.17 percent at 1,880.16 and the Nasdaq Composite was down 0.22 percent at 4,342.486.
** COUPONS.COM INC, $30.29, +89.31 pct
Shares of the digital coupon company jumped in their trading debut on Friday, valuing the company at over $2 billion.
The 16-year-old company raised $168 million from its initial public offering after receiving strong investor interest for its extensive digital promotion platform.
** SKULLCANDY INC, $10.39, +39.84 pct
The headphones maker reported better-than-forecast fourth-quarter results on Thursday and said it expected net sales to grow in mid- to high-single digits in 2014.
Northland Securities raised its rating on the stock to "outperform" from "market perform", according to Theflyonthewall.com. Continued...