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Frontier Communications Corp. (NASDAQ: FTR) shares spiked 10.68 percent to close at $5.08 a share Tuesday. The stock traded between $4.70 and $5.15 on volume of 37.11 million shares traded. The company reported adjusted earnings per share were $0.07 for the fourth quarter of 2013, which topped analysts’ estimates by $0.01. Shares of Frontier Communications are up approximately 9.0 percent year-to-date.
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GenVec Inc. (NASDAQ: GNVC) shares surged 7.48 percent to close at $3.88 a share Tuesday. The stock traded between $3.60 and $4.10 on volume 401,546 shares traded. HC Wainwright analysts have recently initiated coverage on the company with a “buy” rating. Shares of GenVec are up approximately 67.0 percent year-to-date.
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Office Depot Inc. (NYSE: ODP) shares dropped 8.79 percent to close at $4.88 a share Tuesday. The stock traded between $4.58 and $4.88 on volume of 40.01 million shares traded. The company reported an operating loss of $118.0 million for the fourth quarter of 2013, compared to an operating income of $5.0 million a year ago. Shares of Office Depot are down approximately 8.0 percent year-to-date.
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RealPage, Inc. (NASDAQ: RP) shares dropped 22.64 percent to close at $16.03 a share Tuesday. The stock traded between $15.40 and $16.36 on volume 12.29 million shares traded. RBC Capital Markets downgraded the company’s rating to “sector perform” from “outperform” after reported fourth quarter results. Shares of RealPage are down approximately 30.0 percent year-to-date.
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