Stocks Rise; Green Dot Soars, 1st Century Bancshares Falls

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The Dow Jones industrial average rose 24 points in Tuesday trading to close at 18,144.

The S&P 500 rose one point to 2,124.

The Nasdaq rose six points to 5,160.

The LABJ Stock Index rose one point to 237.

Gainers and Losers

Tuesday’s biggest local gainer was Pasadena prepaid debit card firm Green Dot Corp. Shares spiked 41 percent on the day, closing at $21.52. The company on Monday announced it has signed a new five-year deal with Wal-Mart Stores Inc., the biggest seller of its debit cards, and also announced a share buy-back plan.

Tuesday’s biggest loser was 1st Century Bancshares Inc., the Century City holding company for 1st Century Bank. Shares of the company fell 8 percent, closing at $7.30.

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