Motorcar Parts, NetSol Among Week’s Biggest MoversFriday, November 15, 2013
The Los Angeles Business Journal’s index of largest local public companies rose for the week, in line with the larger markets.
The weighted LABJ Stock Index closed up 2 percent to 177.21 for the trading week ended Nov. 15. Gainers outpaced decliners 115 to 39, with nine companies unchanged.
Most of the biggest movers were linked to earnings announcements, including Motorcar Parts of America Inc. jumping 38 percent to $17.81; RealD Inc., gaining 23 percent to $8.68; and Broadway Financial Corp., rising 13 percent to $1.19.
Companies with shares that dropped after announcing results included NetSol Technologies Inc., falling 30 percent to $5.27; Qualstar Corp., falling 21 percent to $1.03; and Radnet Inc., declining 16 percent to $2.02.