Winners & Losers

Movers Roundup: Sturm, Ruger, UPS

 

Among the stock activity stories for Monday, Jan. 4, from AP Financial News:

— Shares of Sturm, Ruger & Co. rose after a CL King & Associates analyst upgraded the handgun maker, saying its shares are undervalued based on gun sales trends.

— United Parcel Service Inc. shares rose after investment firm Robert W. Baird upgraded UPS, saying the delivery company's performance would improve with a cyclical recovery in the economy.

— Shares of ViaSat Inc. slipped after Wedbush Morgan cut the company's stock rating, saying bookings likely slowed during the last three months of the year.

— Shares of Providence Service Corp., which provides and manages government-sponsored social services, fell after a RBC Capital Markets analyst downgraded the stock, citing valuation.

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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 This material may not be published, broadcast, rewritten or redistributed.

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