Kodak, MetroPCS, THQ are big market movers
NEW YORK—Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
Huntsman Corp., down 34 cents at $10.62
A Jefferies & Co. analyst downgraded the chemical maker saying that he's concerned about the company's ability to uphold margins.
Eastman Kodak Co., up 6 cents at $1.11
The Wall Street Journal reported that the photography company shuffled its restructuring advisers to steer clear of bankruptcy.
Darden Restaurants, Inc., down $5.91 at $41.82
The restaurant operator, which owns Red Lobster and Olive Garden, cut its fiscal 2012 outlook as it tries to improve results.
MetroPCS Communications Inc., up 65 cents at $9
A William Blair analyst upgraded shares of the wireless phone carrier saying that he expects "improved performance" next year.
Frontline Ltd., up 66 cents at $4.20
The Bermuda-based oil tanker owner said it will shed some of its fleet to deal with heavy debts and a decline in contract rates.
Nathan's Famous Inc., up $1.91 at $20.99
The restaurant chain operator said it will buy back up to 500,000 of its outstanding stock for a maximum price of $11 million.
THQ Inc., down 18 cents at $1.64
A Cowen analyst downgraded the video game maker's stock saying that a price cut of its uDraw game suggests it will underperform.
Electronic Arts Inc., up 42 cents at $23.15
A Citi analyst reiterated his "Buy" rating on the video game maker's stock saying that he expects growth on its more social games.