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American Vanguard Corp. (NYSE: AVD) shares declined 16.41 percent to close at $23.02 a share Tuesday. The stock traded between $22.65 and $25.17 on volume of 2.31 million shares traded. The company announced that is likely to miss consensus revenue or earnings expectations for the second quarter of 2013. Shares of American Vanguard have fallen approximately 26.1 percent year-to-date.
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Barnes & Noble, Inc. (NYSE: BKS) shares declined 17.06 percent to close at $15.61 a share Tuesday. The stock traded between $14.96 and $17.70 on volume of 8.99 million shares traded. The company reported net loss grew to $118.6 million for the fourth quarter of fiscal 2013, from a net loss of $59.9 million a year prior. Shares of Barnes & Noble have fallen approximately 30.6 percent in the past month, but up roughly 1.6 percent year-to-date.
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Demand Media Inc. (NYSE: DMD) shares declined 20.44 percent to close at $6.50 a share Tuesday. The stock traded between $6.21 and $6.75 on volume of 3.85 million shares traded. Stifel Nicolaus has recently downgraded the company’s rating to “hold” from “buy”. Demand Media has lowered its outlook for the second quarter as a result of a traffic drop caused by algorithm changes in Google. Shares of Demand Media have fallen approximately 32.2 percent year-to-date.
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Lennar Corporation (NYSE: LEN) shares increased 0.69 percent to close at $35.23 a share Tuesday. The stock traded between $34.80 and $36.94 on volume of 21.75 million shares traded. The company reported revenues from home sales were $1.26 billion for the second quarter of 2013, an increase of 58 percent when compared to the year ago quarter. Shares of Lennar have fallen approximately 9.0 percent year-to-date.
Get more information on Lennar and free access to the in-depth equity report at: www.FiveStarEquities.com/LEN
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