Skullcandy Inc. SKUL was up 23.92 percent after Richard Alden, Skullcandy founder and managing director, was considering an acquisition of "some or all of the shares of Issuer's Common Stock or otherwise pursue a going private transaction," according to 13d filing Tuesday.
Lendingclub Corp LC was trading up 5.01 percent after Keefe, Bruyette & Woods upgraded the company to Market Perform and raising price target to $5.00. Additionally, Renaud Laplanche is considering a potential buyout of the company he co-founded, according to sources as reported by Reuters on Tuesday. He is said to be speaking with private equity firms and banks regarding financing for a deal.
AK Steel Holding Corporation AKS rose 7.42 percent after Credit Suisse upgraded the company to Outperform and raised the price target to $7.00.
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Dave & Buster's Entertainment, Inc. PLAY was trading up 5.11 percent after reporting positive earnings and raising FY16 outlook yesterday after market close. Dave & Buster's Entertainment reported Q1 EPS $0.72 vs. Est. $0.59, rev. $262 million vs. Est. $251 million. The company also raised FY 2016 revs to $983 million–$995 million vs. Est. $982 million.
Harmony Gold Mining Co. (ADR) HMY jumped 5.98 following rising gold prices.
Silver Standard Resources Inc. (USA) SSRI traded up 6.21 percent following rising silver prices.
AngloGold Ashanti Limited (ADR) AU rose 5.63percent following rising gold prices.
New Gold Inc. (USA) NGD traded up 4.52 percent following rising gold prices.
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