Movers roundup: Nike, Informatica

Movers roundup: Nike shares rise on results; Informatica shares fall on downgrade

Associated Press

Among the stock activity stories for Friday, March 22, from AP Business News:

— Shares of Nike Inc. rose to an all-time high after the world's largest athletic gear maker reported that third-quarter net income jumped 55 percent, helped by strength in North America.

— Informatica Corp. shares fell as a Nomura analyst downgraded the software company because the risk versus the reward is not as compelling as it used to be.

— Shares of Tibco Software Inc. tumbled after the company reported a steep drop in fiscal first-quarter profit and weak revenue.

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