BUZZ-U.S. Stocks on the Move-TubeMogul, Express, Education Management
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U.S. stocks were flat on Wednesday as investors found few reasons to extend a rally that has taken indexes to repeated records, even though market valuations were not seen as unduly stretched. The Dow Jones industrial average was up 0.06 percent at 17,116.86 and the S&P 500 was up 0.01 percent at 2,000.23.
** TUBEMOGUL INC, $13.35, +44.79 pct
The software company reported second-quarter revenue of $28.7 million, above the average analyst estimate of $24.7 million, on strong demand for its video advertising software. The company also sees 2014 total revenue of $98-$102 million, above analysts' average estimate of $91.7 million
** SMITH & WESSON HOLDING CORP, $11.28, -13.89 pct
** STURM RUGER & CO INC, $48.95, -4.08 pct
Smith & Wesson forecast a second-quarter profit below analysts' estimates and cut its 2015 profit and revenue forecast, citing industrywide high inventories and weak consumer buying during summer. Continued...