Among the stock activity stories for Friday, May 2, from AP Financial News:
NEW YORK (AP) -- Shares of Palomar Medical Technologies Inc. fell to their lowest point since 2004 on Friday, after the company reported a first-quarter loss on lower revenue and a Lazard Capital Market analyst downgraded his rating on the stock.
NEW YORK (AP) -- Marathon Oil Corp. shares rallied Friday, extending big gains a day earlier that were sparked by better-than-expected earnings figures.
NEW YORK (AP) -- Discovery Laboratories Inc. shares plunged Friday after its key drug candidate faced another regulatory delay with the Food and Drug Administration, further postponing the treatment's possible entrance to the market.
NEW YORK (AP) -- Shares of First Solar Inc. rose Friday after two days of largely upbeat comments from analysts responding to the solar cell maker's strong first-quarter results.
NEW YORK (AP) -- Sporting goods retailer Cabela's Inc. saw its shares jump Friday after the company said improved margins helped lift quarterly profit 40 percent.
NEW YORK (AP) -- Shares of Cell Genesys Inc. jumped Friday after the biotech company reported a narrower first-quarter than Wall Street expected.
