Top Percentage Gainers and Losers as of 2pm 5/06/11 (OXGN, LXU, PRO, ACHN, ELON, SAPE, ALJ, JOBS, GSIT, SCEI, IGOI, ARAY, NTSP, ZINC, ZOLT, TPC)
Best
1) Oxigene (NASDAQ: OXGN): Trading up 22.1% from yesterday's close to $2.87. Shares of Oxigene had been up as much as 30% from yesterday's close earlier in the session.
2) LSB Industries (NYSE: LXU): Trading up 17.1% from yesterday's close to $43.44. LSB reported diluted earnings of $0.90 per share versus $0.07 per share for the same period last year. The company posted net sales of $177.5 million versus $130.4 million for the same quarter last year.
3) PROS Holdings (NYSE: PRO): Trading up 17.2% from yesterday's close to $17.33. Shares set a new 52-week high of $17.92 earlier in the session.
4) Achillion Pharmaceuticals (NASDAQ: ACHN): Trading up 17% from yesterday's close to $5.46.
5) Echelon (NASDAQ: ELON): Trading up 16.5% from yesterday's close to 10.25. Echelon was upgraded from Neutral to Buy by Dougherty & Company. The company reported a loss of $0.15 per share versus a loss of $0.18 per share for the same period last year.
Other Notable Gainers
Sapient (NASDAQ: SAPE): Trading up 13.6% from yesterday's close to $13.59. Sapient reported earnings of $0.12 per share versus estimates of $0.07 per share. Q1 revenue came in at $241.3 million versus the analyst consensus of $231 million.
Alon USA Energy (NYSE: ALJ): Trading up 13.5% from yesterday's close to $13.02. Alon reported earnings of $0.34 per share versus a $0.91 per share loss for the same quarter last year. Analysts were expecting earnings of $0.21 per share.
51job (NASDAQ: JOBS): Trading up 13% from yesterday's close to $63.91. 51job reported revenues of $49 million for the first quarter – a 27.6% increase from the same quarter last year.
Worst
1) GSI Technology (NASDAQ: GSIT): Trading down 22.7% from yesterday's close to $6.44. GSI reported earnings of $0.11 per share versus $0.14 estimates. Q4 revenue came in at $21.9 million versus $23.8 million estimates.
2) Sino Clean Energy (NASDAQ: SCEI): Trading down 15% from yesterday's close to $2.20. Shares of Sino Clean started out the day in positive territory. Selling pressure began to build at 11:40 EST.
3) iGo (NASDAQ: IGOI): Trading down 13% from yesterday's close to $2.32. iGo reported a loss of $0.05 per share versus a profit for the same quarter last year.
4) Accuray (NASDAQ: ARAY): Trading down 12.5% from yesterday's close to $7.79. Shares broke below their 200-day moving average on a six month chart earlier in the session.
5) Netspend (NASDAQ: NTSP): Trading down 11.5% from yesterday's close to $9.48. Shares are approaching their 52-week low of $8.97, which was set on March 24th.
Other Notable Losers
Horsehead Holding (NASDAQ: ZINC): Trading down 9.2% from yesterday's close to $13.00.
Zoltek Companies (NASDAQ: ZOLT): Trading down 9.5% from yesterday's close to $10.60.
Tutor Perini (NYSE: TPC): Trading down 9% from yesterday's close to $23.82.
