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Rite Aid Corporation (NYSE: RAD) shares closed up 8.53 percent on nearly 55 million shares traded. The stock was one of the most active stocks on the NYSE and posted one of the largest percentage gains. The big move came after the company reported same-store sales growth in December of 2.9%. The drugstore chain is continuing to accelerate its growth as it keeps trying to turn itself around.
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RF Industries, Ltd. (NASDAQ: RFIL) shares closed down 22.80 percent on Friday with about 3.1 million shares traded. The stock was one of the biggest losers on the NASDAQ. The big fall came after the company announced preliminary, unaudited fourth-quarter and full year earnings. For the quarter ending Oct. 31, 2013, the company reported its preliminary unaudited revenues decreased by 9% year-over-year to $9.3 million.
Get more information on RF Industries, Ltd. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/RFIL
Advanced Cannabis Solutions, Inc. (OTCBB: CANN) shares closed up 33.41 percent this past Friday on very light trading volume. The stock’s breakout came after the company announced that it has executed a definitive agreement to acquire property in Pueblo County that is the primary growing location for a premier Southern Colorado dispensary. The property, consisting of roughly 3 acres and a warehouse building, meets all zoning and licensing requirements for the ongoing production of legal cannabis. ACS President and CEO Robert Frichtel stated, "We are very pleased to be acquiring a property in the growing Pueblo market through this acquisition. We believe that the Pueblo County's political environment and economic dynamics are perfectly aligned to make this purchase a great success."
Get more information on Advanced Cannabis Solutions, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/CANN
The WhiteWave Foods Company (NYSE: WWAV) shares closed up a modest 4.92 percent on Friday with about 2.5 million shares traded. The stock was one of the most active stocks on the NYSE and hit a new 52-week high of $23.74 during intra-day trading. The company announced it has entered into a joint venture agreement with China Mengniu Dairy Company Limited (“Mengniu”), a leading Chinese dairy company. The company also recently obtained a $500 million loan to support its purchase of Earthbound Farm LLC.
Get more information on The WhiteWave Foods Company and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/WWAV
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