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AeroVironment, Inc. (NASDAQ: AVAV) shares spiked 21.33 percent to close at $38.51 a share Wednesday. The stock traded between $33.80 and $38.96 on volume 3.04 million shares traded. The company reported revenues were $69.2 million for the third quarter of fiscal 2014, an increase of 47.0 percent when compared to a year ago. Shares of AeroVironment are up approximately 30.0 percent year-to-date.
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Facebook Inc. (NASDAQ: FB) shares jumped 4.03 percent to close at $71.57 a share Wednesday. The stock traded between $69.62 and $71.97 on volume of 74.56 million shares traded. Stifel Nicolaus has recently raised its price target on the stock to $82.00 from $72.00 as the company “continues to gain share of overall marketing spend,” wrote Jordan Rohan at Stifel in a note. Shares of Facebook are up approximately 30.0 percent year-to-date.
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GameStop Corp. (NYSE: GME) shares increased 3.75 percent to close at $38.75 a share Wednesday. The stock traded between $37.50 and $38.99 on volume of 3.93 million shares traded. The company announced that it has increased its quarterly dividend 20.0 percent from $1.10 per share to $1.32 per share. Shares of GameStop are down approximately 20.0 percent year-to-date.
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Smith & Wesson Holding Corp. (NASDAQ: SWHC) shares surged 16.44 percent to close at $13.74 a share Wednesday. The stock traded between $13.28 and $14.27 on volume 12.67 million shares traded. The company reported a net income from continuing operations of $0.35 for the third quarter of fiscal 2014, an increase of 34.6 percent when compared to a year ago. Shares of Smith & Wesson are up approximately 2.0 percent year-to-date.
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