Wednesday's Mid-Day Movers: PhotoMedex, Career Education And More

PhotoMedex Inc PHMD gained nearly 30 percent to $2.35 a share on news of an amended credit agreement and lower debt. The shares are heavily shorted.

Career Education Corp. CECO gained 19 percent to $6.05 a share recently after reporting late Tuesday that its quarterly losses were narrower than expected.

Orexigen Therapeutics, Inc. OREX extended its gains Wednesday and rose more than 14 percent to $8.74 on earlier news that its Contrave anti-obesity drug may have unexpected benefits for cardiovascular patients.

NeoPhotonics Corp NPTN continued to gain Wednesday, rising 15 percent to $4 a share, after the network equipment maker posted favorable quarterly results. Tuesday.

Wayfair Inc W gained 14 percent to $29 a share after the e-commerce company posted strong sales data.

Veeva Systems Inc VEEV continued to fall Wednesday, dropping more than 20 percent to $25.78 after the pharmaceutical software company offered disappointing results Tuesday.

CDI Corp CDI was off more than 13 percent to $15.90 on weaker than expected fourth-quarter results from the engineering and technology company.

Abercrombie & Fitch Co. ANF was off more than 13 percent recently after the company issued a weak quarterly report.

Bazaarvoice Inc BV continued to tumble Wednesday, down 28 percent to $6.50, on a weak outlook the consumer review and advertising company offered Tuesday.