Shares of the following companies made notable moves in Friday’s U.S. stock market:
Advancers
BT Group PLC’s BT +5.88% U.S.-listed shares rose almost 6% after the British telecommunications operator said it reached an agreement that will cut its pension shortfall by almost 50%.
Cost Plus Inc.’s CPWM +16.48% shares gained more than 16% a day after the casual-furnishings retailer projected first-quarter revenue that beat Wall Street estimates.
Glu Mobile Inc.’s GLUU +21.25% shares climbed more than 21% after Needham initiated coverage of the wireless-game maker with a strong buy rating.
Medidata Solutions Inc.’s MDSO +10.48% shares rose 10.5% after Jefferies Group Inc. upgraded the provider of clinical-data-management software to buy from hold..
Monster Worldwide Inc.’s MWW +7.69% shares rallied 7.7% after Robert W. Baird & Co. hiked the online job-site to outperform from neutral.
Decliners
Bacterin International Holdings Inc.’s BONE -25.82% shares declined almost 26% after the provider of human tissue for orthopedic procedures late Thursday reported a larger fourth-quarter loss than analysts had expected.
KBH Home KBH -8.45% shares declined 8.5% after the home builder reported new orders fell in the first quarter.
Kit Digital Inc.’s KITD -22.33% U.S.-listed shares retreated more than 22% after the Czech-based supplier of software for online-video said four board members had resigned.
Layne Christensen Co.’s LAYN -2.10% shares gave up 2% a day after the provider of construction and other services said an internal probe uncovered potential evidence of improper payments to third parties in Africa, possibly violating U.S. anticorruption laws.
Wet Seal Inc.’s WTSLA -7.61% shares retreated 7.6% a day after the teen-clothing chain projected first-quarter earnings that fell short of Wall Street’s expectations.
Data have been compiled by Market Watch News.
