Market Overview

Mid-Day Market Movers For Tuesday, June 3, 2014

Related SARA
Earnings Scheduled For April 1, 2014
Saratoga Reports Results of Zeke Development Tests, Gross Rate of 312 Barrels of Oil/Day

Gainers

  • Saratoga Resources (NYSE: SARA) - 35 percent - reported its Rocky 3 exceeded expectations when it tested at an equivalent rate of 1,531 barrels of oil-per-day.
  • InterDigital (NASDAQ: IDCC) - 20 percent - updated its expectations for second-quarter revenue far above analysts' estimates.
  • Acadia Healthcare Company -(NASDAQ: ACHC) - 15 percent - news broke that Arcadia would acquire independent British behavioral-health care provider Partnerships in Care for $660 million cash.
  • Superior Drilling Products (NYSE: SDPI) - 13 percent - firm filed 8-K and announced acquisition of Hard Rock Solutions, LLC.
  • Quest Resource (NASDAQ: QRHC)- 10 percent - firm appointed T. Jeffrey Cheney as Vice President of the company.

Losers

  • First Financial Bankshares (NASDAQ: FFIN) - 49 percent - Stock split before the market opened.
  • The Ensign Group (NASDAQ: ENSG) - 38 percent - News of Ensign Group expanding into Wisconsin and acquired two skilled nursing facilities.
  • Quiksilver (NYSE: ZQK) - 37 percent - Revealed weaker-than-expected earnings.
  • Theravance (NASDAQ: THRX) - 19 percent - Completed company spinoff of Theravance Biopharma.
  • Clovis Oncology (NASDAQ: CLVS) - 19 percent - disappointing cancer drug trials.
  • Krispy Kreme Doughnuts (NYSE: KKD) - 15 percent - management lowered its fiscal 2015 EPS to $0.69/share from $0.74/share from prior guidance of $0.73 to $0.79.

Moves recorded at 1:36 p.m. EDT.

Posted-In: Intraday Update Movers

 

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