BUZZ-U.S. Stocks on the Move-TubeMogul, Express, Highpower
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U.S. stocks remained flat near record levels on Wednesday and while overall trading was thin, a number of retail stocks attracted outsized action after reporting results. The Dow Jones industrial average was up 0.09 percent at 17,122.84 and the S&P 500 was unchanged at 2,000.01.
** TUBEMOGUL INC, $13.482, +46.23 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, $11.38, -13.13 pct
** STURM RUGER & CO INC, $49.05, -3.88 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...