-$2.28
14.3%
Shares of Methode Electronics Inc. tumbled to $13.61. The Chicago-based maker of vehicle switches and throttle controls was downgraded to “underperform” from “neutral” by an analyst at Robert W. Baird & Co.
-$2.07
6%
Big Lots Inc. stock fell to $32.19. The nation’s largest seller of overstocked and discontinued goods was cut to “hold” from “buy” by an analyst at KeyBanc Capital Markets.
$1.86
7.4%
Shares of Chico’s FAS Inc. jumped to $27.01. The clothing retailer said March sales rose 22 percent from a year ago. Same-store sales, or sales at stores open at least a year, rose 5.2 percent.
$5.93
10.6%
Shares of Manor Care Inc. surged to $61.68. The operator of nursing homes and hospice services said it hired JPMorgan to help with its business and financial strategy. It will examine financial and “related business alternatives,” the company said.
-$0.97
18%
Nuvelo Inc. stock sank to $4.43. Banc of America Securities downgraded the drugmaker to “sell” from “neutral” and said the company faces “significant clinical hurdles and a large cash burn.”
$5.19
10.1%
Shares of Tractor Supply Co. gained to $56.30. The farm-supply chain with 698 stores said first-quarter net income was as much as 12 cents a share, 1 cent a share higher than estimates.
