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General Motors Company (NYSE: GM) shares declined 1.60 percent to close at $39.38 a share Wednesday. The stock traded between $38.96 and $39.77 on volume 89.21 million shares traded. The company announced that it expects profit to rise in 2014 due to new vehicle launches. Shares of General Motors have gained approximately 30.0 percent in the past year.
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Intrepid Potash, Inc. (NYSE: IPI) shares increased 1.28 percent to close at $16.63 a share Wednesday. The stock traded between $16.47 and $17.29 on volume of 1.57 million shares traded. The company announced a number of cost-savings initiatives include the elimination of approximately 7% of the workforce. Shares of Intrepid Potash have fallen approximately 25.0 percent in the past year.
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Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX) shares spiked 7.67 percent to close at $16.71 a share Wednesday. The stock traded between $15.90 and $16.98 on volume 4.86 million shares traded. According to a recent regulatory filing, the company expects revenues to increase in the range of 5.0 percent to 8.0 percent each year from 2014 through 2016. Shares of Allscripts Healthcare Solutions have gained approximately 65.0 percent in the past year.
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PetSmart, Inc. (NASDAQ: PETM) shares declined 2.41 percent to close at $65.48 a share Wednesday. The stock traded between $65.00 and $66.25 on volume 3.81 million shares traded. Analysts at both Credit Suisse and UBS have recently downgraded the company's rating to neutral and have also lowered its price target on the stock. Shares of PetSmart have fallen approximately 4.0 percent in the past year.
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