Shares of Orbitz(OWW Quote) fell 5.7% to $3 0.18 after Goldman Sachs downgraded the stock to sell from neutral.
The firm noted that Orbitz's online gross bookings grew slower than competitors like Expedia(EXPE Quote) and Priceline(PCLN Quote). Shares of Research In Motion(RIMM Quote) tumbled 5.6% to $43.31 after RBC Capital cut its earnings estimate for the year to $3.58 a share from $3.62 a share. The firm also trimmed its full-year revenue estimate to $11.1 billion from $11.3 billion amid deteriorating macro demand and increased competition.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,285.97 | 1,091.93 | 2,172.99 | 33.92 |
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