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Stocks to Watch: YHOO, MU & More

Wednesday, 11 Apr 2012 | 4:38 PM ET

Check out which stocks are moving after-the-bell Wednesday:

Yahoo - The Internet company lost market share in March for the seventh-straight month, according to a report from Comscore. The firm's current market share is now at 13.7 percent, trailing behind Google and Microsoft .

Micron - The chipmaker launched a $870 million offering of convertible senior notes.

Avid Technology - The video and audio production technology firm said its first quarter revenue plunged almost 30 percent compared to this time last year.

McKesson - The health care systems distributor won a contract to supply drugs to VA facilities, according to reports. The deal is worth four billion dollars annually, for up to eight years.

Quest Diagnostics - The lab services provider announced it has appointed Steve Rusckowski as its new president and CEO.

Also on the health care front, UBS initiated coverage of a handful of pharmaceuticals with a "buy" rating, including Ariad and Biomarin.

Four IPOs are scheduled to price tonight- Forum Energy (FET), MRC Global (MRC), Oaktree Capital (OAK) and Brightsource Energy (BRSE). All of the companies will be pricing on the NYSE, except Brightsoure.

Follow JeeYeon Park on Twitter: @JeeYeonParkCNBC

Questions? Comments? Email us at marketinsider@cnbc.com

  Price   Change %Change
ARIA
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AVID
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BMRN
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DGX
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MCK
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MSFT
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MU
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YHOO
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GOOGL
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    Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

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