Midday Stock RoundupThursday, May 22, 2014
The S&P 500 rose 0.38% to 1,895.29 in afternoon trading Thursday.
The Dow Jones Industrial Average was up 0.15% to 16,557.14, while the Nasdaq was up 0.66% to 4,158.97.
The yield on a 10-year Treasury bond rose 0.87% to 2.56%.
The price of gold was up 0.51% to $1,294.70 per ounce.
Santa Ana-based Universal Electronics Inc. was up about 9% to $44.16 for a market value of $702.72 million. Zacks highlighted the company's stock for its "very solid balance sheet and no long-term debt." The firm added there is "plenty of upside potential" in Universal Electronics.
Huntington Beach-based Quiksilver Inc. rose about 6% to $6.05 for a market value of $1.03 billion. The company, which is down about 35 percent so far this year, is expected to report quarterly results June 2.
Huntington Beach-based BJ's Restaurants Inc. was up about 4% to $30.90 for a market value of $879.20 million. Restaurant companies were generally up on Thursday.
Irvine-based Edwards Lifesciences Corp. was off about 4% to $81.78 for a market value of $8.63 billion.