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Tetra Tech, Inc. (NASDAQ: TTEK) shares declined 13.62 percent to close at $23.09 a share Wednesday. The stock traded between $22.56 and $23.45 on volume of 4.85 million shares traded. The company announced that it expects to incur a diluted loss per share in the range of $0.30 to $0.50 for the fiscal third quarter of 2013. Shares of Adobe Systems have gained approximately 21.5 percent year-to-date.
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Pool Corporation (NASDAQ: POOL) shares declined 5.76 percent to close at $51.57 a share Wednesday. The stock traded between $50.95 and $52.79 on volume of 918,345 shares traded. The company has reduced its full year earnings guidance to a range of $2.03 to $2.13 per diluted share, down from its previous range of $2.13 to $2.23 per diluted share. Shares of Pool have gained approximately 21.8 percent year-to-date.
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Vitesse Semiconductor (NASDAQ: VTSS) shares plunged 17.45 percent to close at $2.27 a share Wednesday. The stock traded between $2.26 and $2.55 on volume of 911, 289 shares traded. The company announced a proposed offering of common stock in the amount of approximately $30 million. Shares of Vitesse Semiconductor have gained approximately 7.9 percent year-to-date.
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Weyerhaeuser Company (NYSE: WY) shares declined 3.29 percent to close at $27.31 a share Wednesday. The stock traded between $27.26 and $28.25 on volume of 38.63 million shares traded. The company announced the pricing of the public offering of 29 million common shares at $27.75 per share, a 1.7 percent discount to Tuesday’s closing price. Shares of Weyerhaeuser have fallen approximately 1.8 percent year-to-date.
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www.FiveStarEquities.com/WY
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