Movers Roundup: WNS Holdings, Eli Lilly

Stock quotes in this article: ELGX , NUAN , SD  

Among the stock activity stories for Monday, Aug. 10, from AP Financial News:

NEW YORK (AP) — Shares of WNS Holdings Ltd. dropped after an analyst downgraded the company's stock, citing a run-up in the price following the company's confirmation there are interested parties seeking a controlling stake in its business.

NEW YORK (AP) — Shares of Eli Lilly & Co. fell after a Goldman Sachs analyst cut her rating on the drug developer to "Sell," citing the outlook for dwindling revenue and more spending to rebuild the product pipeline.

NEW YORK (AP) — Shares of medical device maker Endologix Inc. declined after a Piper Jaffray analyst started covering the company with a "Neutral" rating.

NEW YORK (AP) — Shares of SandRidge Energy Inc. rose as analysts raised their price targets for the company, citing restored liquidity, 2010 growth and stronger gas prices.

PHILADELPHIA (AP) — Shares of Nuance Communications Inc. rose after an analyst upgraded the stock due to improving growth prospects for its speech recognition technology in the mobile phone and other markets.

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Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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