Friday’s biggest gaining and declining stocks

CHICAGO (MarketWatch) � Shares of the following companies were among those making notable moves in the U.S. stock market on Friday:

Gainers

Shares of Microsoft Corp. MSFT �ranked as the top performer among Dow Jones Industrial Average DJIA �and S&P 500 SPX components, up about 5%. Late Thursday, the software giant reported a better-than-expected profit for the third quarter of fiscal 2012. Read more on Microsoft�s earnings.

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Proofpoint Inc. PFPT �jumped 8% following the on-demand network security company�s trading debut on the Nasdaq Global Select Market. The company�s initial public offering priced at $13 a share.

E-Trade Financial Corp. ETFC �rose more than 6%, a day after the company reported a spike in first-quarter profit that exceeded Wall Street expectations.

Decliners

Expeditors International of Washington Inc. EXPD �shares fell more than 8% after the shipping-logistics company said late Thursday that first-quarter earnings will come in below Wall Street estimates. Read more on Expeditors� shortfall.

Intuit Inc. INTU shares traded off 6%. The TurboTax software maker warned its upcoming earnings report might fall short of prior estimates.

Shares of SanDisk Corp. SNDK tumbled 11%, making it the worst-performing stock on the S&P 500. Late Thursday, SanDisk reported its quarterly profit dropped 49% over last year�s period, pushed down by higher expenses and lower revenue. Read more on SanDisk's earnings.

Riverbed Technology RVBD �plummeted 29% after at least eight analysts cut their ratings following the company�s slack first-quarter sales report and weak outlook. Read more about Riverbed in Ratings Game.