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Hot and Soars Stocks: Southwest Airlines Co. (NYSE:LUV), Acacia Research Corporation (NASDAQ:ACTG), Skechers USA Inc. (NYSE:SKX)

Hot and Soars Stocks: Southwest Airlines Co. (NYSE:LUV), Acacia Research Corporation (NASDAQ:ACTG), Skechers USA Inc. (NYSE:SKX)
Written by
Ryan Mitchell
Published on
October 23, 2014
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Southwest Airlines Co. (NYSE:LUV) along with International Association of Machinists and Aerospace Workers reach tentative contract. The tentative contract is for a new four-year contract and needs Membership ratification. The present contract became amendable in October 2012. Southwest Airlines Co. (NYSE:LUV) stock has highest price of $35.00 in last session, beginning with a price of $34.90 and reported a decrease of -1.13% to the closed at $34.20 with a day range of $34.15-$35.00. The stock is going forward its 52-week low with 113.20% and moving down from its 52 week high price with -3.63%.Acacia Research Corporation (NASDAQ:ACTG) inched down in last session as the firm declared hits by $0.09, beats on revs. The firm released third quarter earnings of $0.10 a share, $0.09 improved than the Capital IQ Consensus Estimate of $0.01; revenues rose 140.0% year/year to $37.2M as compared to the $30.83M consensus. Shares of Acacia Research Corporation (NASDAQ:ACTG) traded at $15.23 by moving down -0.13% with price volatility of 4.96% for a week and 4.10% for a month. Its beta stands at 0.91 times.Skechers USA Inc. (NYSE:SKX) releases third quarter earnings of $1.13 a share, excluding non-recurring items ($0.13 in costs), $0.22 improved than the Capital IQ Consensus Estimate of $0.91; revenues rose 30.7% year/year to $674.3M as compared to the $626.64M consensus. Skechers USA Inc. (NYSE:SKX) stock hit highest price at $56.20, beginning with a price of $54.79 and reported a gain of 0.92% to the closed at $54.93 with a day range of $54.70-$56.20. The total market capitalization remained 2.813 Billion, total volume of 2.33 Million shares held in the session was surprisingly higher than its average volume of 1073.23 shares.

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