Movers Roundup: Brocade, Cardinal Health

Among the stock activity stories for Wednesday, June 3, from AP Financial News:

NEW YORK (AP) — Shares of Brocade Communications Systems Inc. tumbled after an analyst removed the data storage equipment maker from his "Conviction Buy" list, citing an absence of catalysts for the stock.

NEW YORK (AP) — Cardinal Health Inc. shares fell for a second day after the company offered a disappointing outlook for the fiscal year ahead of its spinoff of its clinical and medical products business.

NEW YORK (AP) — Shares of L-1 Identity Solutions Inc. pulled back after a recent run-up in the company's share price drew a downgrade at Raymond James.