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Joe's Jeans Inc. (NASDAQ: JOEZ) shares plunged 20.97 percent to close at $1.47 a share Tuesday. The stock traded between $1.36 and $1.52 on volume of 7.25 million shares traded. The company reported a net income of $1.2 million, or $0.02 per share, for the second quarter of 2013, a decrease of 17 percent when compared to a year ago. Shares of Joe's Jeans have gained approximately 47.0 percent year-to-date.
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Liquidity Services, Inc. (NASDAQ: LQDT) shares spiked 7.88 percent to close at $29.83 a share Tuesday. The stock traded between $27.64 and $30.65 on volume of 2.19 million shares traded. The company now expects adjusted diluted earnings per share for the fiscal third quarter to be in the range of $0.43 to $0.45, down from their previous guidance of $0.49 to $0.54. Shares of Liquidity Services have fallen approximately 27.0 percent year-to-date.
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Stamps.com Inc. (NASDAQ: STMP) shares declined 11.07 percent to close at $38.01 a share Tuesday. The stock traded between $37.40 and $40.86 on volume of 357,696 shares traded. Analysts at B. Riley have recently downgraded the company’s rating to “neutral” from “buy”. Shares of Stamps.com have gained approximately 50.0 percent year-to-date.
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Wilshire Bancorp Inc. (NASDAQ: WIBC) shares jumped 2.75 percent to close at $7.86 a share Tuesday. The stock traded between $7.64 and $7.87 on volume of 610,697 shares traded. The company announced that it has agreed to acquire Saehan Bancorp for approximately $105.5 million. Shares of Wilshire Bancorp have gained approximately 34.0 percent year-to-date.
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