This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Stocks Rally; Dow Reclaims 13,000

Apple's (AAPL - Get Report) stock jumped 1.7%. The company has reportedly received a huge iPad order from Barclays (BCS).

Apple was also offering some moderate Black Friday discounts, such as an 8%-plus discount on the iPad 2, but the company's promotional efforts were labeled uninspiring by TheStreet's Chris Ciaccia.

One of the biggest losers in the broad market was KIT Digital (KITD), whose shares plunged more than 60% as investors reacted to Wednesday's announcement that the company has to restate results going back to 2009 because of accounting errors and irregularities related to its revenue recognition policies.

-- Written by Michael Baron in New York.

>To contact the writer of this article, click here: Michael Baron.
Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $121.98 -0.82%
FB $93.34 -3.80%
GOOG $627.00 -0.78%
TSLA $263.14 -0.26%
YHOO $37.43 -0.64%

Markets

Chart of I:DJI
DOW 17,692.67 -58.72 -0.33%
S&P 500 2,098.95 -9.62 -0.46%
NASDAQ 5,087.2030 -24.53 -0.48%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs