BUZZ-U.S. STOCKS ON THE MOVE-Humana, Alibaba, Twitter, airline stocks

Wed Apr 29, 2015 2:03pm EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks fell sharply in early afternoon trading on Wednesday, led by health insurers after Humana reported an unexpected pick-up in hospital admissions in March and April. The Dow Jones industrial average was down 0.22 percent at 18,070.23, the S&P 500 was down 0.29 percent at 2,108.67 and the Nasdaq Composite was down 0.48 percent at 5,030.966.

** LUMBER LIQUIDATORS HOLDINGS INC, $27.79, -16.85 pct

The hardwood flooring retailer reported a 2 percent fall in net sales so far in April and said it could not provide a full-year forecast.

** TWITTER INC, $39.52, -6.51 pct

The Microblogging site reported quarterly revenue that fell short of Wall Street estimates and cut its full-year forecast due to weak demand for its new direct response advertising.

** ALIBABA GROUP HOLDING LTD, $82.14, -3.46 pct   Continued...