BlackBerry, CalAmp rise; Tesla, Royal Bank of Scotland fall

NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday:

Tesla Inc., down $42.75 to $264.77

The Securities and Exchange Commission sought the removal of CEO Elon Musk, saying he committed securities fraud by misleading investors.

J.C. Penney Co., down 7 cents to $1.66

The struggling retailer said its chief financial officer, Jeffrey Davis, is leaving the company.

Royal Bank of Scotland Group PLC, down 23 cents to $6.53

European banks fell after Italy's government announced plans to sharply increase spending, setting up a clash with the European Union.

BlackBerry Ltd., up $1.19 to $11.38

The company reported earnings and revenue that came in ahead of analysts' forecasts.

Progress Software Corp., down $7.26 to $35.29

The company reported revenue that fell short of what investors were expecting.

CalAmp Corp., up $1.68 to $23.96

The wireless communications company reported results that beat analysts' forecasts.

Applied Optoelectronics Inc., down $3.70 to $24.66

The company lowered its third-quarter revenue forecast, citing problems with a small number of its 25G lasers.

Vail Resorts Inc., down $11.71 to $274.42

The ski resort operator posted revenue that fell short of Street forecasts.

Should you invest $1,000 in Applied Optoelectronics right now?

Before you consider Applied Optoelectronics, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Applied Optoelectronics wasn't on the list.

While Applied Optoelectronics currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report

Featured Articles and Offers

Search Headlines: