Midday Gainers From November 11: Fortuna Silver Mines, Pernix Therapeutics, ICU Medical, Rackspace

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Fortuna Silver Mines Inc. FSM +17% - On Monday evening, the company reported consolidated third quarter financial results showing record revenue of $46.4 million.

Pernix Therapeutics Holdings Inc PTX +15% - Late Monday, the company reported upbeat earnings and reaffirmed 2014 and 2015 guidance. In addition, Avondale Partners initiated coverage on the stock with an Outperform rating and $20 price target.

ICU Medical, Incorporated ICUI +14% - Shares are higher following the company’s financial results which beat top and bottom line estimates convincingly. In addition, the company raised full year 2014 guidance. Moreover, analysts at Piper Jaffray and Roth Capital upgraded the stock.

Rackspace Hosting, Inc. RAX +14% - The company reported strong financial results Monday evening and announced a $500 million stock buyback program. Following the results multiple analysts raised the price target on Tuesday.

Motorcar Parts of America, Inc. MPAA +9% - The company reported financial upbeat results.

Posted In: Intraday UpdateMovers
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