Post Market News: MBIA, BofA, Tesla Motors, Apple Inc. (AAPL), Groupon

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HFA Staff
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There were some big movers in a mostly flat market today, May 6. The S&P 500 gained just 0.19 percent, while the Dow Jones lost 0.03 percent and  Nasdaq gained 0.42 percent in today’s trading. Here’s a run down of the biggest movers including MBIA Inc. (NYSE:MBI), Groupon Inc (NASDAQ:GRPN), Bank of America Corp (NYSE:BAC), Tesla Motors Inc (NASDAQ:TSLA), and Apple Inc. (NASDAQ:AAPL). MBIA Inc. (NYSE:MBI): The biggest story on today’s market was the revelation that a settlement had been agreed between MBIA Inc. (NYSE:MBI) and Bank of America Corp (NYSE:BAC). The deal, which relates to dealings made by Countrywide…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.