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AAR Corp. (NYSE: AIR) shares declined 9.25 percent to close at $27.16 a share Wednesday. The stock traded between $26.73 and $28.63 on volume of 1.35 million shares traded. The company reported a net income of $17.9 million for the first quarter of fiscal 2014, compared to a net income of $18.2 million a year ago. Shares of AAR have gained approximately 45.0 percent year-to-date.
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Copart, Inc. (NASDAQ: CPRT) shares declined 8.89 percent to close at $31.06 share Wednesday. The stock traded between $30.49 and $32.19 on volume of 6.06 million shares traded. The company reported a net income of $263.7 million for the fourth quarter of 2013, a decrease of 8 percent when compared to a year ago. Shares of Copart have gained approximately 5.0 percent year-to-date.
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J.C. Penney Company, Inc. (NYSE: JCP) shares dropped 14.96 percent to close at $10.12 a share Wednesday. The stock traded between $9.93 and $11.66 on volume of 100.91 million shares traded. Goldman Sachs have initiated coverage on the company with an "underperform" rating. Shares of J.C. Penney have fallen approximately 48.0 percent year-to-date.
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Stryker Corporation (NYSE: SYK) shares declined 2.88 percent to close at $68.79 a share Wednesday. The stock traded between $68.72 and $69.91 volume of 3.48 million shares traded. The company announced that it has acquired Mako Surgical for approximately $1.41 billion. Shares of Stryker have gained approximately 25.0 percent year-to-date.
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