Pompano Beach, FL -- (SBWIRE) -- 09/26/2012 -- PulteGroup, Inc. (NYSE:PHM) fell 5.67% to $15.15 on over 9.41 million shares. RBC Capital reissued their sector perform rating on shares of PulteGroup in a report released on Tuesday. RBC Capital currently has a $20.00 target price on the stock.
The stock jumped more than 140% year-to-date.
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Blyth, Inc. (NYSE:BTH) plunged 14.28% to $27.92 after the company's ViSalus unit withdrew its planned initial public offering. Nutritional supplements seller ViSalus Inc, in which Blyth holds a more than 70 percent stake, withdrew its proposed IPO of up to $175 million, citing uncertain market conditions.
Over the past five trading sessions, the stock slumped more than 32%.
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GT Advanced Technologies Inc (NASDAQ:GTAT) lost 6.87% to $5.26 on a traded volume of 3.84 million shares. The stock was downgraded by analysts at Canaccord Genuity from a buy rating to a hold rating. Canaccord Genuity currently has $6.00 target price on the stock, down from their previous target price of $9.00.
The stock is down almost 27% year-to-date.
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Marvell Technology Group Ltd.(NASDAQ:MRVL) went down 2.38% to $9.02 on a traded volume of 6.79 million shares. The stock was downgraded by analysts at Caris & Co. from an above average rating to an average rating. They currently have $12.00 price target on the stock, down from their previous price target of $15.00.
Also, the stock was downgraded by analysts at Canaccord Genuity from a buy rating to a hold rating.
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Oracle Corporation (NASDAQ:ORCL) dropped 1.63% to $30.79 on a traded volume of 13.09 million shares. The stock was downgraded by analysts at Atlantic Securities from an overweight rating to a neutral rating. Atlantic Securities currently has $33.00 price target on the stock.
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