Mid-Day Market Movers For Wednesday, June 4, 2014

Gainers

• TF Financial THRD - 32 percent - The stock is spiking due to the announcement that National Penn Bancshares NPBC has agreed to purchase the bank.
• NQ Mobile NQ - 30 percent - news that an independent audit found the publicly reported financials were "verifiable and consistent" with actual cash balances and revenue.
• Vanda Pharmaceuticals VNDA - 23 percent - The stock surged after the European Medicines Agency accepted the company's Marketing Authorization Application for Hetlioz, a medication that treats non-24-hour sleep-wake disorder.
• Celladon CLDN - 22 percent - Shares spiked in pre-market trading and marked-up until it peaked at $9.90.
• DragonWave DRWI - 19 percent - The stock soared after the firm revised its revenue expectations for its first quarter that ended in May.
• Protective Life PL - 18 percent - news that Dai-Ichi agreed to purchase the company for $70/share sent the stock up.
• China Finance Online Co., Ltd. JRJC - 13 percent - The company's latest report showed revenues rose 400 percent and the company returned to profitability for the first time in 11 quarters.

Losers

• Transcept Pharmaceuticals TSPT - 33 percent - The stock is falling as result of company declaring ex-dividends today.
• Ebix EBIX - 13 percent - Shares reacted to the 835 contracts traded vs 0 open interest.
• Retrophin RTRX - 11 percent - Shares are trading down on news that CEO Martin Shkreli sold 292,400 shares at 15.14/share.
• FuelCell Energy FCEL -  eight percent - The company reported weaker-than-expected Q2 results with a loss of $0.04/share.
• Endeavour END - eight percent - stocks fall after a 7,500 spread trade.
• ChyronHego CHYR - seven percent - Shares are trading down on news that News-Press & Gazette Company will extend its ChyronHego BlueNet graphics creation across nine broadcast locations.
• Swisher Hygiene SWSH - seven percent - the stock is reacting to the company's one-for-ten reverse stock split that became effective at noon
• Synthesis Energy Systems SYMX - six percent
• Natuzzi SpA NTZ - five percent - technical analysis of the stock shows it not breaking the 2.4 price but being sold before it hits 2.5. In addition, traders should be advised to check for association to other firms in light of recent mattress and furniture earnings