Movers roundup: Velti, WPX Energy
Movers roundup: Velti shares fall on weak revenue outlook; WPX Energy shares continue to rise
Among the stock activity stories for Tuesday, May 14, from AP Business News:
— Shares of Velti PLC fell after the mobile marketing company posted a smaller-than-expected quarterly loss, but issued a weak revenue prediction for the current period.
— WPX Energy Inc. shares continued to rise, hitting their highest price in more than a year, after regulators ruled last month that the natural gas driller wasn't responsible for water contamination in Pennsylvania.
