Movers roundup: Velti, WPX Energy

Movers roundup: Velti shares fall on weak revenue outlook; WPX Energy shares continue to rise

Associated Press

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.

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