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Alaska Communications Systems Group Inc. (NASDAQ: ALSK) shares fell 16.47 percent to close at $2.13 a share Friday. The stock traded between $2.09 and $2.31 on volume 2.95 million shares traded. The company reported a loss of $0.10 a share for the fourth quarter of 2013. Analysts had expected a profit of $0.02 a share. Shares of Alaska Communications are up approximately 0.5 percent year-to-date.
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Korn/Ferry International (NYSE: KFY) shares spiked 13.63 percent to close at $29.35 a share Friday. The stock traded between $27.10 and $29.72 on volume 2.49 million shares traded. The company reported record quarterly fee revenue of $242.2 million for the third quarter of fiscal 2014, an increase if 21.0 percent when compared to a year ago. Shares of Korn/Ferry International are up approximately 12.0 percent year-to-date.
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Novatel Wireless Inc. (NASDAQ: NVTL) shares dropped 25.61 percent to close at $2.12 a share Friday. The stock traded between $2.10 and $2.29 on volume of 3.26 million shares traded. The reported a loss of $0.16 per share for the fourth quarter of 2013, which was short of analysts’ estimates of a loss of $0.08. Shares of Novatel Wireless are down approximately 10.0 percent in the past year.
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U.S. Auto Parts Network, Inc. (NASDAQ: PRTS) shares soared spiked 12.15 percent to close at $2.77 a share Friday. The stock traded between $2.50 and $2.84 on volume of 377,497 shares traded. The company reported a net loss of $15.6 million, or $0.48 per share, for the fiscal year 2013, down from a loss of $36.0 million, or $1.17 per share, a year ago. Shares of U.S. Auto Parts Network are up approximately 12.0 percent year-to-date.
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