Friday's Winners and Losers: SeaChange International

Dell(DELL Quote) sank $3.60, or 12.8%, to $24.54 after the company reported third-quarter results. Dell grew its bottom line 27%, but its financial outlook disappointed investors.

The company's U.S. consumer business revenue declined 6% during the quarter, and its revitalization plans failed to impress analysts. Goldman Sachs(GS Quote), removed Dell from its "conviction buy" list of preferred companies and replaced it with Hewlett-Packard (HPQ Quote), barely a month after adding Dell to the list.

Shares of satellite radio companies Sirius(SIRI Quote) and XM(XM Quote) soared after a Wall Street analyst suggested the Department of Justice is set to approve the $13.6 billion acquisition deal between the two. ...