Market Overview

Afternoon Movers for Tuesday, March 18th, 2014

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Moving up:

  • Penn Virginia (NYSE: PVA) - up 15% - Soros raises stake, wants management to consider options.
  • FutureFuel (NYSE: FF) - up 14.2% - Reported a rise in its fourth-quarter earnings. FutureFuel posted its quarterly profit of $0.61 per share, versus a year-ago profit of $0.15 per share.
  • FactSet Research (NYSE: FDS) - up 8.2% - Reported its Q2 earnings of $1.22 per share, versus analysts' estimates of $1.20 per share.
  • Tsakos Energy (NYSE: TNP) - up 8.1% - Momentum on Tuesday continuing after the company beat revenue estimates Monday morning.

Moving down:

  • Plug Power (NASDAQ: PLUG) - down 8.6% - Shares remain volatile as traders take profits in this momentum name.
  • ParkerVision (NASDAQ: PRKR) - down 8% - Reported Q4 EPS of $(0.08) versus the estimated $(0.06), missing by $0.02. EPS were Down 33% from the same quarter last year.
  • Shutterfly (NASDAQ: SFLY) - down 5.2% - Downgraded by Cowen & Company from Outperform to Underperform and lowered the price target from $57 to $39.

Posted-In: Movers

 

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