Movers roundup: Ascena Retail, Momenta
Movers roundup: Ascena Retail posts disappointing 3Q results; Momenta shares rise on upgrade
Among the stock activity stories for Thursday, June 6, from AP Business News:
— Ascena Retail Group Inc.'s shares sank after the clothing company reported disappointing fiscal third-quarter results and lowered its full-year forecast.
— Shares of Momenta Pharmaceuticals Inc. jumped after a UBS analyst upgraded the shares, saying she thinks it's more likely the company will be able to start selling a generic version of the multiple sclerosis drug Copaxone in the next few years.