Morning Market Movers
ZELTIQ Aesthetics (NASDAQ: ZLTQ) shares climbed 28.39% to $21.30 after the company reported upbeat quarterly results and issued a strong FY14 revenue forecast.
Ideal Power (NASDAQ: IPWR) shares gained 25.93% to $8.50 after the company secured a multi-year purchase agreement with Sharp Electronics.
Twitter (NYSE: TWTR) rose 23.32% to $47.59 after the company reported stronger-than-expected second-quarter results and issued an upbeat revenue forecast for the third quarter. Analysts at Bank of America upgraded Twitter from Neutral to Buy.
Inphi (NASDAQ: IPHI) shares jumped 22.44% to $15.66 after the company announced its plans to acquire Cortina Systems.
RingCentral (NYSE: RNG) rose 20.87% to $15.35 after the company reported a Q1 loss of $0.15 per share on revenue of $48.30 million. The company reported that BT Business has selected the RingCentral platform for a new generation of communications solutions.
NQ Mobile (NYSE: NQ) gained 12.90% to $7.79 on news it received a $9.80 per share bid from Bison Capital Holding Co.
Aegerion Pharmaceuticals (NASDAQ: AEGR) surged 12.02% to $34.30 on better-than-expected Q2 results. The company appointed Craig Fraser as its COO.
Central European Media Enterprises (NASDAQ: CETV) rose 11.51% to $2.81 after the company reported a strong rise in its Q2 core profit.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.