On Facebook IPO day, the stock markets are largely flat.Here are today’s big winners and losers.
Salesforce.com (CRM): Up 9.8% — Salesforce.com posted better than expected first-quarter earnings and have a good outlook for the second quarter as well, making the company today’s big winner in the market.
Yahoo! (YHOO): Up 5.0% — Yahoo! is selling off a 20% stake in Alibaba for roughly $7 billion, which is exactly what investors wanted to hear.
Chesapeake Energy (CHK): Up 5.5% — The roller coaster ride that is CHK continues today, as the stock has gained over 5% due to the company tapping into strengths in natural-gas prices.
AutoDesk (ADSK) Down 14.5% — AutoDesk’s current quarter guidance is well below Wall Street’s expectations, which has caused the stock to plummet almost 15%.
First Solar (FSLR): Down 5.6% — The US Department of Commerce announced anti-dumping tarrifs against Chinese solar manufacturers, negatively affecting First Solar’s stock.
Alpha Natural Resources (ANR): Down 3.9%—A mechanic was killed in a fall at an Alpha coal prep plant, causing the stock to drop significantly.