-$1.89
5.9%
Shares of Akamai Technologies Inc. slid to $30.37. The largest provider of software and services to speed up delivery of Internet content had its rating cut to “sell” from “hold” by a Kaufman Bros. analyst.
$1.84
7.3%
Shares of American Greetings Corp. gained to $26.93. The greeting-card designer reported second-quarter earnings following a year-earlier loss. Net income was 15 cents a share compared with a loss of 18 cents a share in the year-earlier quarter.
-$1.95
19.2%
Cott Corp. stock plummeted to $8.21. The biggest maker of store-brand soft drinks in North America cut its annual profit forecast because of rising commodities costs and slumping demand.
-$3.06
2.8%
FedEx Corp. stock sank to $104.45. The world’s largest air-cargo carrier posted first-quarter earnings that beat estimates, but cut its 2008 earnings forecast as much as 4.3 percent, citing “financial market volatility” and energy costs.
$17.50
97.2%
Athenahealth Inc. stock surged to $35.50. The medical software company run by President Bush’s cousin jumped on its first day of trading after raising $113.2 million in an initial public offering.
-$4.89
12.3%
Shares of Clarcor Inc. slumped to $34.92. The stock declined the most since July 1989 after the maker of Baldwin air filters reported third-quarter profit that missed estimates because of production delays in its CLC Air unit.
