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Hovnanian Enterprises, Inc. (NYSE: HOV) shares spiked 5.81 percent to close at $5.28 a share Thursday. The stock traded between $5.07 and $5.28 on volume 8.71 million shares traded. The company reported a net income of $32.8 million for the fourth quarter of fiscal 2013, compared to a net loss of $84.4 million a year ago. Shares of Hovnanian Enterprises have fallen approximately 25.0 percent year-to-date.
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ImmunoCellular Therapeutics Ltd. (NYSEMKT: IMUC) shares plunged 59.56 percent to close at $1.10 a share Thursday. The stock traded between $0.98 and $1.19 on volume 21.35 million shares traded. The company announced results from a Phase II study of ICT-107 that showed the vaccine "did not reach statistical significance in the intent-to-treat population". Shares of ImmunoCellular have gained approximately 55.0 percent year-to-date.
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Lululemon Athletica Inc. (NASDAQ: LULU) shares dropped 11.65 percent to close at $60.39 a share Thursday. The stock traded between $60.31 and $64.38 on volume 25.61 million shares traded. The company forecasts revenues for the fourth quarter to be in the range of $535 million to $540 million, which fell short of analysts’ estimates of $689 million, according to data from FactSet. Shares of Lululemon Athletica have gained approximately 60.0 percent year-to-date.
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Exelis Inc. (NYSE: XLS) shares gained 8.37 percent to close at $18.91 a share Thursday. The stock traded between $18.64 and $19.19 on volume 3.47 million shares traded. The company has announced plans to spin-off its military and government services business, currently called Exelis Mission Systems. Shares of Exelis have gained approximately 65.0 percent year-to-date.
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