Time for your daily dose of Trending Tickers, the stocks that you're tracking as measured by Yahoo Finance ticker searches. Making the list today are:
Shutterfly (SFLY) - The photo sharing and tchotchke making website is up more than 13% today on news that they have hired an investment firm to shop for buyers. The company's market cap is sitting at about $1.7 billion and before the stock pop shares were down 24% over the past year. Shutterfly's Q1 revenue grew 17% year over year but their net loss grew from $12.4 million to over $32 million and, according to Bloomberg analysis, they could post their first annual loss since going public in 2006.
Goldman Sachs (GS) - The stock is flat but the reputation took another broadside yesterday after two ex-employees suing the firm for gender discrimination filed a request for class action status. If the request is granted the case could open the case to potentially thousands of women. The women are accusing Goldman of cultural bias including regular strip club outings, opaque advancement policies and general fraternity-ness. In 20 years Wall Street has gone from Boom Boom Rooms to innuendo but, at least according the plaintiffs complaint the tables are still tilted against women. Goldman may have saved itself during the meltdown but shares are still below where they stood 6 years ago in the waning days of pre-Lehman Wall Street.
Constellation Brands (STZ) Shares of the beer and booze purveyor are up 3% after the company served a tall glass of better than expected earnings. For the quarter Constellation earned $1.07, some 14-cents better than expected. Shares of Constellation are up more than 30% already in 2014 which is three times better than the Belgians running Budweiser can say.
Those are your Trending Tickers today. Tell us what stocks you're watching on twitter using the hashtag #trendingtickers
- Investment & Company Information
- Goldman Sachs