Armstrong World Industries Inc. (NYSE: AWI) disappointed with lower second quarter earnings of 38 cents per diluted share compared with 51 cents per diluted share that fell short of analyst expectations and lowered its full year outlook. The stock price plummeted $5.77 to close at $49.60.
Shares of El Pollo Loco Holdings Inc. (Nasdaq: LOCO) continued climbing by leaping $10.45 to close at $34.48 after an impressive market debut on Friday.
CVS Caremark Corp. (NYSE: CVS) and Express Scripts Holding Co. (Nasdaq: ESRX) will no longer include Horizon Pharma Inc.'s (Nasdaq: HZNP) Duexis and Vimovo on their formularies. Shares of CVS Caremark lost 74 cents to close at $78.38 while Express Scripts stock slipped 45 cents to close at $65.90. Horizon Pharma stock plummeted $4.75 to close at $9.15.
The Food and Drug Administration rejected AcelRx Pharmaceuticals Inc.'s (Nasdaq: ACRX) needle-free pain medication device Zalviso sending the stock price plummeting $4.26 to $6.57.
Trulia Inc. (NYSE: TRLA) will be acquired by Zillow Inc. (Nasdaq: Z) for approximately $3.5 billion. Shares of Trulia jumped $9.70 to $66.05 while Zillow stock soared $2.15 to $161.01.
Dollar Tree Inc. (NYSE: DLTR) will pay approximately $8.5 billion to buy Family Dollar Stores Inc. (NYSE: FDO). Shares of Dollar Tree climbed $1.52 to $55.74 while Family Dollar Stores stock leaped $14.84 to $75.50.
Brightcove Inc. (Nasdaq: BCOV) widened losses for the second quarter to 13 cents per share from 12 cents per share a year earlier and forecast full year results that fell short of expectations prompting downgrades. The stock price plunged $3.89 to close at $6.38.
Shares of El Pollo Loco Holdings Inc. (Nasdaq: LOCO) surged $9.03 to close at $24.03 in its market debut.
Swift Transportation Co. (NYSE: SWFT) reported lower second quarter earnings of 28 cents per diluted share compared with 35 cents per diluted share and blamed a shortage of truck drivers for forecasting current quarter revenue below expectations. Shares of the transportation services company plummeted $4.61 to close at $21.20.
Amazon.com Inc. (Nasdaq: AMZN) widened second quarter losses more than expected to 27 cents per shares from 2 cents per share last year even as revenue rose prompting a series of downgrades. Shares of the online retailer plummeted $35.65 to $322.96.