Movers Roundup: MDRNA, Callaway Golf
Among the stock activity stories for Tuesday, June 9, from AP Financial News:
NEW YORK (AP) — Shares of MDRNA Inc. skyrocketed to a new year high after the company said its generic version of the osteoporosis treatment Miacalcin has been approved and is now shipping. NEW YORK (AP) — Shares of Callaway Golf Co. tumbled a day after the company announced it would slash its dividend and issue new preferred stock to preserve cash. CHARLOTTE, N.C. (AP) — Shares of Hartford Financial Services Group Inc. slipped after an analyst downgraded the stock, citing a "management vacuum." DETROIT (AP) — Shares of Tenneco Inc. rose after KeyBanc Capital Markets Inc. reiterated its "Buy" rating on the company, expressing confidence in the auto supplier's ability to sustain itself during the current auto sales and production slowdown.- Loading Comments...
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