Morning Market Movers
Quantum Fuel Systems Technologies Worldwide (NASDAQ: QTWW) shares gained 27.96% to $3.89 after tumbling 51.90% on Tuesday.
Caesars Entertainment (NASDAQ: CZR) jumped 19.77% to $22.23 on Q1 results.
ARRIS Group (NASDAQ: ARRS) climbed 16.87% to $30.06 after the company reported better-than-expected Q1 results and issued a strong Q2 forecast.
Electronic Arts (NASDAQ: EA) jumped 15.33% to $32.35 after the company reported stronger-than-expected fiscal fourth-quarter results. EA reported its adjusted earnings of $0.48 per share on revenue of $1.12 billion. However, analysts were expecting earnings of $0.11 per share on revenue of $812.4 million.
Perceptron (NASDAQ: PRCP) climbed 14.84% to $12.07 after the company reported FQ3 results.
Cimarex Energy Co (NYSE: XEC) shares surged 12.51% to $135.01 on better-than-expected Q1 results. The company also signed an agreement to acquire Cana-Woodford assets for $249 million.
Mondelez International (NASDAQ: MDLZ) gained 9% to $38.39 after the company and D.E. Master Blenders 1753 B.V. announced plans to combine their coffee businesses. Mondelez reported its Q1 earnings of $0.39 per share, versus analysts' estimates of $0.35 per share.
Canadian Solar (NASDAQ: CSIQ) gained 4.78% to $28.28 after the company raised its Q1 sales forecast to $460.00 million to $470.00 million versus $415.00 million to $430.00 million.
Central European Media Enterprises (NASDAQ: CETV) shares rose 4.48% to $2.80 on Q1 results. Central European Media posted a quarterly net loss of US$48.6 million, versus a loss of US$109.0 million in 2013
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