Movers roundup: Ascena Retail, Momenta

Movers roundup: Ascena Retail posts disappointing 3Q results; Momenta shares rise on upgrade

Associated Press

Among the stock activity stories for Thursday, June 6, from AP Business News:

— Ascena Retail Group Inc.'s shares sank after the clothing company reported disappointing fiscal third-quarter results and lowered its full-year forecast.

— Shares of Momenta Pharmaceuticals Inc. jumped after a UBS analyst upgraded the shares, saying she thinks it's more likely the company will be able to start selling a generic version of the multiple sclerosis drug Copaxone in the next few years.

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