Thursday’s market session contained many exciting stock movements.
Gainers
Fitbit Inc FIT was introduced to the New York Stock Exchange, opening at the price of $30.20, representing a 52 percent spike.
Kroger Co KR reported earnings that were better-than-expected, although it missed analyst estimates on revenues. Kroger was up about 1 percent.
Synergy Pharmaceuticals Inc SGYP was soaring nearly 8 percent due analyst increased target expectations alongside the positive phase III data.
BioMarin Pharmaceutical Inc BMRN surged 12 percent due to three key factors; good news on the drug associated to the genetic mutation that causes dwarfism, strong analyst support and the NASDAQ approached an all-time high.
Radius Health Inc RDUS skyrocketed to $60.33, from $51.73 (17 percent increase). The catalyst was the announcement of positive top-line data associated from ACTIVExtend trial results.
Lumenis Ltd. LMNS spiked 13 percent, from $12.68 to $13.69, as the company agreed to be purchased for $14 per share by XIO Group.
Losers
Oracle Corporation (NYSE; ORCL) tanked as much as 8 percent due to disappointing earnings results. The tech giant missed fourth quarter profits by $0.08 along with revenues dropping more than 5 percent.
Rite Aid Corporation RAD dropped as low as 6 percent due to unsatisfied earnings or $0.02 per share, down from $0.04 per share from last year.
Ensco plc ESV declined nearly 5 percent on the agreement it made to reduce the rate it charged Total S.A. TOT due to rising oil prices.
Jabil Circuit, Inc. JBL declined 7 percent to $22.61 on lower earnings estimates from Deutsche Bank. Deutsche lowered its full-year earnings for JBL from $1.68 to $1.63 after the company reported earnings of $0.49 per share.
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