Movers roundup: Culp shares drop on analyst downgrade, Century Aluminum sinks on weak results

Movers roundup: Culp, Century Aluminum

Among the stock activity stories for Wednesday, Feb. 24, from AP Financial News:

NEW YORK (AP) — Shares of Culp Inc. sank after an analyst downgraded the fabric maker, saying its stock is overvalued.

NEW YORK (AP) — Shares of Century Aluminum Co. plunged, a day after the company reported lower-than-expected fourth-quarter results.

PORTLAND, Ore. (AP) — Shares of Green Mountain Coffee Roasters Inc. rose in trading after J.M. Smucker Co. announced a joint deal with the coffee maker’s single-serve coffee business.

PHILADELPHIA (AP) — Shares of Verigy Ltd. fell after the maker of chip testing equipment predicted fiscal second-quarter results below Wall Street’s expectations.

LAKE FOREST, Ill. (AP) — Shares of Pactiv Corp. rose after the maker of Hefty garbage bags and other packaging products said it is adding 10 million shares to its buyback program.