Nov. 23, 2012, 2:12 p.m. EST
Friday’s biggest gaining and declining stocks
Research In Motion, Gap and Wal-Mart tickers trending
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By Polya Lesova and Barbara Kollmeyer, MarketWatch
NEW YORK (MarketWatch) — Here are some of Friday’s most notable stock moves.
Gainers
Dell Inc. DELL +5.41% shares rose 5.4% as the computer maker joined a broad rally in the technology sector. Read: H-P, Dell lead strong tech gains.
MAP Pharmaceuticals Inc. MAPP +20.28% shares surged more than 20% following positive regulatory news regarding its new migraine drug.
Research In Motion Ltd. RIMM +13.65% CA:RIM -3.25% shares rallied nearly 14%. Investors are getting optimistic about the BlackBerry 10 smartphone. RIM’s shares had surged on Thursday in Toronto following a bullish research report from National Bank. Read: RIM gets big bounce — and it’s still cheap.
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Decliners
KIT Digital Inc. KITD -64.25% shares plunged more than 64%. On Nov. 21, the company said that due to errors and irregularities, it was restating financial statements going back to 2009, and canceled its stockholders meeting.
Top tickers trending
RIMM: Nils1975: It’s National Bank’s Kris Thompson, who caused $RIMM biggest jump since ‘09 btw. http://t.co/AtJJtnDC --> he’ll be one to follow from now on
ericjackson: “ @Dasan : Yes, I’m long $RIMM and @ericjackson was quoted in Bloomberg story today admitting he bought some recently” true
protradermike: $RIMM huge short squeeze and margin calls tomorrow - would hate to be short - buying huge in the morning
WMT: On the biggest shopping day of the year, Wal-Mart Stores Inc. WMT +1.90% was drawing plenty of chatter. Investors were also discussing an investigation into its India operations. Shares of Wal-Mart rose 1.9%. Read: Bharti Walmart suspends staff in antibribery probe
retail_guru: India investigation of Wal-Mart reflects realities of doing business but also $WMT need to diversify quickly into growth in emerging markets
BrianSozzi: Wal-Mart doing a better marketing job than Target on its Facebook page. More updates. More deals shared. $WMT $TGT #BlackFriday
GPS: Another retailer, Gap Inc. GPS +1.00% , ,was also drawing attention.
Reuters
StockTwits: Gap, TJX TJX +1.04% and Coach COH +2.37% to deliver strong sales during holiday seasonhttp://stks.co/iFdm via @Sverrisson_S $GPS $TJX & $COH
The_Analyst: I love that $GPS is 60% off + additional 20% off. Things must be going so well for the main brand (that was yesterday, not black friday)
TraceyRyniec: Plenty of shoppers in the Gap in union square. Not home with their families. $GPS
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