Stocks plunged on Thursday as a fresh round of credit-related problems hit a number of financial institutions. The Dow lost -214.60, the Nasdaq Composite -52.31, and the S&P 500 -29.36.
7 stocks to watch
Washington Mutual (NYSE:WM) lost more than 8% after its debt was downgraded by S&P. WM's Short Term PowerRating is 6.
PETsMART (NasdaqGS:PETM) lost nearly 12% after missing earnings estimates by $0.07. PETM's Short Term PowerRating is 5.
Urban Outfitters (NYSE:URBN) beat earnings estimates but failed to escape today's widespread selling. URBN closed down nearly 3%. URBN's Short Term PowerRating is 6.
After the close, Cooper Cos. (NYSE:COO) reported earning in-line with estimates but issued mixed guidance. COO's Short Term PowerRating is 4.
Marvell Technology Group (NasdaqGS:MRVL) beat fourth quarter estimates by $0.09. MRVl's Short Term PowerRating is 5.
Ciena (NasdaqGS:CIEN) reports before the market open on Friday, with analysts expecting $0.40. CIEN's Short Term PowerRating is 5.
Do you think Fannie Mae (NYSE:FNM) will close up or down on Monday? FNM's Short Term PowerRating is 7. Play TradingMarkets Up or Down Daily Stock Contest for the chance to win $1000 every month by predicting the direction of a stock.
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