AMR, MetroPCS, MoSys are big movers

[January 03, 2012]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

AMR Corp., down 19 cents at $4.49

The parent company of American Airlines, which filed for bankruptcy protection last month, said its stock will be dropped from the New York Stock Exchange.

MetroPCS Communications Inc., up 44 cents at $8.68

A JPMorgan analyst said that wireless phone carriers MetroPCS and Leap Wireless might be takeover targets for AT&T and T-Mobile.

McDonald's Corp., down 48 cents at $100.33

The fast food company was the best performing stock on the Dow Jones industrial average this year. It was up 31 percent in 2011.

Bank of America Corp., up 10 cents at $5.56

The bank was the worst performing stocks on the Dow Jones industrial average this year. It was down 58 percent in 2011.

Nasdaq

Alexion Pharmaceuticals Inc, up 52 cents at $71.50

A Baird analyst raised the biopharmaceutical company's price target to $72, saying a recent acquisition could help boost revenue.

MoSys Inc., up $1.23 at $4.20

A subsidiary of Tessera Technologies said it bought $35 million in memory technology patents from the memory technology company.

Netflix Inc., down 1 cent at $69.29

The Internet streaming movie company ended the year down 60 percent after a price increase in July angered many customers.

Apple Inc., down 12 cents at $405

The iPad maker ended the year up 26 percent despite the October death of founder and former Chief Executive Officer Steve Jobs.

[Associated Press]

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