Morning Market Movers
Vimicro International (NASDAQ: VIMC) moved up 19.09% to $3.53 after the company updated its Q4 forecast and issued a Q1 outlook. The company now projects Q4 revenue of $21 to $22 million, versus its earlier forecast of $13.5 to $15.5 million.
Perion Network (NASDAQ: PERI) shares jumped 14.84% to $13.70 after the company reported Q4 results. The company's quarterly net income jumped 77% y/y to $6.4 million.
Dendreon (NASDAQ: DNDN) rose 14.58% to $3.30 after the company posted better-than-expected Q4 results and announced its plans to make PROVENGE available in Europe.
Plug Power (NASDAQ: PLUG) shares jumped 10.06% to $5.15. Plug Power is projected to announce its Q4 results on March 13, 2014.
Lentuo International (NYSE: LAS) gained 6.15% to $4.66 on strategic partnership with Sohu Auto.
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