Mid-Day Market Movers (INFN, ATHN, EDCI, ALGN)

Infinera Corporation (NASDAQ: INFN) climbed 21.32% to $8.48 at 10:30 am. INFN narrowed its Q2 losses on a year-over-year basis due to a sharp rise in revenues.

Athenahealth Inc (NASDAQ: ATHN) shares advanced 21.12% to $26.72. Although ATHN’s Q2 profits fell on a y/y basis, their performance exceeded the consensus expectations.

EDCI Holdings Inc (NASDAQ: EDCI) jumped 18.70% to $4.76. According to the company’s Plan of Dissolution, the Board of Directors has given approval to the second dissolution distribution payment of $1.56 per share to its shareholders.

Align Technology Inc (NASDAQ: ALGN) shares surged 13.82% to $16.88. ALGN had posted better-than-expected Q2 earnings.

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