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Major Gainers and Losers in Trading on August 24; ARUN, ADSK, MCRS, SSYS, WPI, SEB, BKH, HEI

Shares of Aruba Networks Inc. (NASDAQ: ARUN), a communications services company connecting local and remote users to corporate information technology resources via distributed enterprise networks, surged in trading today.

ARUN shares rose to an intra-day high of $20.20 in trading today before finishing the day 14.12% higher at $19.36 on above average volume of 12.36 million. Year-to-date, the stock has gained 4.54%, underperforming the S&P 500.

The rally in trading today was sparked after Aruba Networks reported better-than-expected fourth-quarter financial results.

Shares of Autodesk Inc. (NASDAQ: ADSK), a designs software and services company providing customers business solutions through technology products and services, tumbled in trading today.

ADSK shares fell to an intra-day low of $27.70 before paring some of the losses. The stock ended the day 15.63% lower at $30.13 on above average volume of 34.56 million. Year-to-date, ADSK shares are down 0.66%, underperforming the S&P 500.

Autodesk shares plunged after the company reported disappointing second-quarter financial results and gave a weak outlook.

Shares of MICROS Systems Inc. (NASDAQ: MCRS), a technology company engaged in the design, manufacturing and marketing of enterprise information solutions for the worldwide hospitality and retail industries, rose sharply in trading today.

MCRS shares rose to an intra-day high of $53.15 before paring some of the gains. The stock ended the day 7.01% higher at $51.59 on above average volume of 1.90 million. Year-to-date, MCRS shares gained 10.76%, underperforming the broad market.

MCRS shares surged after the company’s fourth-quarter results beat expectations.

Shares of Stratasys Inc. (NASDAQ: SSYS), a manufacturer of three-dimensional (3D) printers and 3D production systems for the office-based rapid prototyping (RP) and direct digital manufacturing (DDM) markets, fell sharply in trading today.

SSYS shares fell to an intra-day low of $61.52 today before finishing the day 7.32% lower at $62.58 on above average volume of 1.12 million. Year-to-date, SSYS shares gained 105.79%, outperforming the S&P 500.

Shares of Watson Pharmaceuticals Inc. (NYSE: WPI), an integrated global pharmaceutical company focusing on the development, manufacturing, marketing, sale and distribution of generic and branded pharmaceutical products, rallied in trading today.

WPI shares rose to a 52-week high of $83.83 before finishing the day 5.96% higher at $83.32 on above average volume of 3.15 million. Year-to-date, WPI shares have gained 38.08%, outperforming the S&P 500.

The rally in WPI shares was sparked after the company announced that its generic Lidoderm® received FDA approval.

Shares of Seaboard Corporation (AMEX: SEB), a diversified international agribusiness and transportation company, plunged in trading today.

SEB shares fell to an intra-day low of $1,993.99 before finishing the day 6.07% lower at $1,997.80 on above average volume of 2,043. Year-to-date, SEB shares have fallen more than 1.88%, underperforming the S&P 500.

Shares of Black Hills Corp. (NYSE: BKH), a diversified energy company operating principally in the U.S., rose sharply in trading today.

BKH shares rose to an intra-day high of $33.78 in trading today before finishing the day 7.77% higher at $33.42 on above average volume of 1.81 million. Year-to-date, BKH shares fell 0.48%, underperforming the broad market.

BKH shares rallied today after the company announced sale of its Williston Basin oil and gas assets for $243 million.

Shares of HEICO Corporation (NYSE: HEI), a Hollywood, Florida-based company engaged in the manufacturing of Federal Aviation Administrations (FAA)-approved jet engine and aircraft component replacement parts, fell sharply in trading today.

HEI shares fell to an intra-day low of $35.31 before finishing the day 6.36% lower at $35.48 on above average volume of 311,439. Year-to-date, HEI shares have fallen 24.16%, underperforming the S&P 500.


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