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Merrimack Pharmaceuticals Inc. (NASDAQ: MACK) shares plunged 28.04 percent to close at $5.03 a share Thursday. The stock traded between $4.98 and $6.29 on volume of 6.39 million shares traded. The company announced plans to offer $50 million of its common stock and $75 million in senior notes. Shares of Merrimack Pharmaceuticals have fallen approximately 17.4 percent year-to-date.
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McGraw Hill Financial Inc. (NYSE: MHFI) shares jumped 2.99 percent to close at $57.56 a share Thursday. The stock traded between $56.32 and $57.61 on volume of 1.40 million shares traded. The company has elected Douglas Peterson, currently President of Standard & Poor's Ratings Services, as new President and Chief Executive Officer. Shares of McGraw Hill Financial have gained approximately 5.3 percent year-to-date.
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PriceSmart, Inc. (NASDAQ: PSMT) shares declined 1.27 percent to close at $90.47 a share Thursday. The stock traded between $85.36 and $90.59 on volume of 420,995 shares traded. The company’s adjusted EPS income of $0.61 per share for the fiscal third quarter fell short of analysts’ expectations of $0.64 per share. Shares of PriceSmart have gained approximately 17.5 percent year-to-date.
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Texas Industries, Inc. (NYSE: TXI) shares dropped 2.88 percent to close at $63.12 a share Thursday. The stock traded between $61.12 and $67.97 on volume of 961,716 shares traded. The company reported a net income of $44.1 million for the fiscal fourth quarter, a decrease of 27 percent when compared to the year ago quarter. Shares of Texas Industries have gained approximately 23.7 percent year-to-date.
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