Friday's Winners and Losers: MBIA

Business software maker Netsuite(N Quote) reversed some of its losses from the past two days with a gain of 8.7%. The stock made its market debut on Dec. 20 with 6.2 million shares priced at $26, and Netsuite has raised $185.4 million from its IPO. Shares were up $3.21 to $40.20.

Logitech(LOGI Quote) added 3.5% a day after the company said it will sell its digital writing business to U.K.-based Destiny Wireless for an undisclosed amount.

Logitech will manufacture the digital pen for Destiny until the company takes over manufacturing on its own. The digital pen and paper products are not central to Logitech's strategic direction, the company said. Logitech was up $1.26 to $37.07.

Among the winners was CDC Corp (CHINA Quote), shares of which rocketed up 20.4% to $4.95 after the Hong Kong Internet software company announced that its executives bought back about 468,000 shares since Dec. 17, adding to the company's own fourth-quarter purchases of 366,000 shares for a total $2.3 million.

Nashville footwear merchant Genesco (GCO Quote), meanwhile, jumped 16.5% to $38.50 after a Tennessee court last night ordered Finish Line (FINL Quote) to go through with its $1.5 billion purchase of the company. According to Genesco, the court determined that Finish Line had breached the companies' merger agreement.

On the short end of that stick, Finish Line shares got slammed down 24.6% to $2.30. Last night, the Indianapolis shoe store said in a press release late Thursday that it is "disappointed with the ruling."