Stock Movers of Note: September 3, 2004

Strategic Insights

Sep 2, 2004 — 1 min read

Electronics for Imaging, Inc. (Nasdaq: EFII) led the pack with a 20.87% drop, citing lower revenue in its print controller businesses. On the other hand, Millicom International Cellular S.A. (Nasdaq: MICC) soared 10.67% as it prepares to launch mobile services in Pakistan. Intel Corp. (Nasdaq: INTC) cut its Q3 revenue and gross margin guidance, contributing to a 7.07% decline. TASER International, Inc. (Nasdaq: TASR) surged 6.23% due to short covering and anticipated new contract announcements.

Key Takeaways:

Electronics for Imaging, Inc. (Nasdaq: EFII) reported a 20.87% decline due to lower revenue in its print controller businesses.
Millicom International Cellular S.A. (Nasdaq: MICC) announced plans to launch mobile services in Pakistan, resulting in a 10.67% increase.
Intel Corp. (Nasdaq: INTC) reduced its Q3 revenue and gross margin guidance, contributing to a 7.07% drop.
TASER International, Inc. (Nasdaq: TASR) saw a 6.23% rise due to short covering and anticipated new contract announcements.
US Airways Group, Inc. (Nasdaq: UAIR) reported a 5.84% increase after a potential deal with the pilot's union.
RSA Security (Nasdaq: RSAS) authorized the repurchase of up to 6.7 million shares, leading to a 5.49% gain.
Cypress Semiconductor Corporation (NYSE: CY) guided lower and declined 3.91% in sympathy with Intel.

Statistics:

Electronics for Imaging, Inc.: 20.87% decline in stock value due to lower revenue
Millicom International Cellular S.A.: 10.67% increase in stock value
Intel Corp.: 7.07% decline in stock value
TASER International, Inc.: 6.23% increase in stock value due to short covering and new contract announcements
US Airways Group, Inc.: 5.84% increase in stock value
RSA Security: authorized the repurchase of up to 6.7 million shares
Cypress Semiconductor Corporation: 3.91% decline in stock value

Sources:

StreetInsider.com
Nasdaq
Electronics for Imaging, Inc. (EFII)
Millicom International Cellular S.A. (MICC)
Intel Corp. (INTC)
TASER International, Inc. (TASR)
US Airways Group, Inc. (UAIR)
RSA Security (RSAS)
Cypress Semiconductor Corporation (CY)

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