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FreeSeas Inc. (NASDAQ: FREE) shares surged 22.22 percent to close at $1.33 a share Friday. The stock traded between $1.00 and $1.35 on volume 4.03 million shares traded. The company announced that it has entered into terms with the insurers of M/V Free Goddess. Shares of FreeSeas have gained approximately 50.0 percent year-to-date.
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Martha Stewart Living Omnimedia, Inc. (NYSE: MSO) shares spiked 18.35 percent to close at $3.87 a share Friday. The stock traded between $3.27 and $3.88 on volume 1.17 million shares traded. The New York Post has reported that the company has fired approximately 100 workers. Shares of Martha Stewart Living have gained approximately 58.0 percent year-to-date.
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Simon Property Group Inc. (NYSE: SPG) shares gained 2.20 percent to close at $151.63 a share Friday. The stock traded between $151.49 and $155.01 on volume of 2.48 million shares traded. The company announced plans to spin off its strip center business and smaller enclosed malls into an independent, publicly traded REIT. Shares of Simon Property Group have fallen approximately 4.0 percent year-to-date.
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Quiksilver, Inc. (NYSE: ZQK) shares jumped 7.12 percent to close at $8.28 a share Friday. The stock traded between $7.91 and $8.68 on volume 5.51 million shares traded. The company reported net revenues were $476.0 million for the fourth quarter of fiscal 2013, down 9.0 percent when compared to a year ago. Shares of Quiksilver have gained approximately 95.0 percent year-to-date.
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www.FiveStarEquities.com/ZQK
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