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Movers roundup: Novatel Wireless, Lehman Bros.

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May 1, 2008

Among the stock activity stories for Thursday, May 1, from the AP Financial Desk:

NEW YORK (AP) -- Shares of Novatel Wireless Inc. climbed Thursday ahead of the wireless modem maker's first-quarter results, scheduled for after the closing bell, as investors seemed reassured by a strong showing from rival Sierra Wireless earlier in the week.

NEW YORK (AP) -- Shares of Lehman Brothers Holdings Inc. rose Thursday as Citi Investment Research analyst said the investment bank's shares could be worth as much as $65 based on Citi's valuation model and past performance of the investment bank.

NEW YORK (AP) -- Shares of medical technology company Hologic Inc. plunged Thursday after the company's fiscal 2008 second-quarter profit disappointed Wall Street.

NEW YORK (AP) -- Shares of home health care services company Gentiva Health Services Inc. plunged Thursday after the company's first-quarter profit disappointed Wall Street.

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