US Stock Market Movers With Major News Highlights: Smith & Wesson, AK Steel, General Motors, Rosetta Genomics, Nucor, Grupo Simec, Steel Dynamics
Jun 14, 13 US Stock Market Movers With Major News Highlights: Smith & Wesson, AK Steel, General Motors, Rosetta Genomics, Nucor, Grupo Simec, Steel Dynamics

Gun manufacturer, Smith & Wesson Holding Corporation (NASDAQ:SWHC), projects fiscal Q4 earnings and revenue to surpass its earlier forecasts.

Smith & Wesson Holding Corporation (NASDAQ:SWHC) last session’s volume of 1.57 million shares was higher than its average volume of 1.15 million shares. The stock, after opening at $9.11, hit a high price of $9.31 and then closed at $9.30 by scoring +2.31%.

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AK Steel Holding Corporation (NYSE:AKS) lifted its spot prices on carbon flat-rolled steel products for the second time in almost a month, sending shares higher over 6%.

AK Steel Holding Corporation (NYSE:AKS), on June 13 2013, increased +6.16%, to the closing price of $3.62. The overall volume in the last trading session was 7.64 million shares. Its fifty two weeks range was $2.76 – $6.73. The total market capitalization remained at $493.44 million.

General Motors Company (NYSE:GM) has no firm commitment to resume paying a dividend, however, CEO Daniel Akerson mentions it is one possible mechanism, with buying back shares, of rewarding shareholders. But, the first priority is to feed GM’s development budget to stay competitive.

General Motors Company (NYSE:GM) gained +3.14%, reaching at $34.50, after hovering between $33.10 and $34.51. This stock is ahead of its 52-week low 84.29% and lagging behind its 52-week high price -2.79%. GM’s last month’s stock price volatility remained 2.75%.

Rosetta Genomics Ltd (USA) (NASDAQ:ROSG) declared that its Medicare administrator issued a local coverage verdict that confirms Medicare reimbursement for the firm’s gene-based tests for cancer cases where the origin of the tumors is unidentified.

With a recent gain of +7.33%, to $4.10, the share price of Rosetta Genomics Ltd. (USA) (NASDAQ:ROSG) has moved forward from its 20 days moving average 7.50% and positively from its 50 days moving average 11.37%.

Nucor Corporation (NYSE:NUE) estimate fiscal Q2 earnings well lower than Wall Street forecasts, as the operating performance in its steel mills unit weakened from fiscal Q1.

Nucor Corporation (NYSE:NUE) increased +3.01%, to the closing price of $45.24. The stock showed weekly upbeat performance of 1.71%, which was maintained for the month at -0.22%. Likewise, the positive performance for the quarter was recorded as -1.78% and for the year was 29.81%, while the YTD performance remained at 5.68%.

Grupo Simec S.A.B. de C.V. (ADR) (NYSE:SIM) last session’s volume of 27,508 shares was higher than its average volume of 17,791 shares. The stock, after opening at $13.12, hit a high price of $13.63 and then closed at $13.53 by scoring +3.76%.

With a recent gain of +4.22%, to $15.05, the share price of Steel Dynamics, Inc. (NASDAQ:STLD) has moved down from its 20 days moving average -1.33% and positively from its 50 days moving average 0.21%.

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