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Movers Roundup: CIT Group, PMC-Sierra

Stock quotes in this article: CIT , PMCS , PNK , WDC  

Among the stock activity stories for Friday, April 24, from AP Financial News:

NEW YORK (AP) — Shares of CIT Group Inc. tumbled Friday after multiple analysts cut their ratings on the diversified lender, and a day after it reported a wider-than-expected first-quarter loss.

PHILADELPHIA (AP) — Shares of PMC-Sierra Inc. jumped on Friday after an analyst raised his earnings estimates on the chipmaker after it posted a narrower first-quarter loss that beat Wall Street's expectations. ...

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