Michael Kors Holdings Inc. (KORS) had a spike this morning after the fashion firm’s earnings beat expectations. Its’ fourth quarter profit smoked 2011’s fourth quarter earnings and came in at $43.6 million, up from $13.6 million.
Zynga Inc. (ZNGA) had a terrible morning, suffering a 9.4% loss after yesterday’s 8% decline.
Harman International Industries was down over 8% mid-day after Apple’s (AAPL) announcement that Siri, their proprietary voice technology, will be placed in new cars.
David Cornes holds a degree in Economics from the University of Montana.