Stocks Edge Higher After Wednesday's Drop
Among stocks making big moves, electronics retailer Best Buy jumped $3.48, or 16 percent, to $25.13 after saying it would collaborate with the Korean smartphone and tablet maker Samsung to open kiosks in its stores.
Facebook rose 82 cents, or 3.1 percent, to $27.07 after the social network unveiled a new product for Android phones that will bring content to users on the phone's home screen. More Android integration could help Facebook Inc. attract more mobile advertisers.
MetroPCS rose 16 cents, or 1.5 percent, to $11.12 after Reuters reported that Deutsche Telekom is considering amending the terms of the proposed merger between its T-Mobile USA business and local rival Metro PCS.
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