Mid-Day Market Movers for Friday, June 6, 2014 - Angi (NASDAQ:ANGI), Arista Networks (NYSE:ANET)

Gainers

ARISTA NETWORKS, INC. ANET - 36 percent - stock surged after its first day of trading after the firm's IPO. Priced at $43/share, the stock opened at $55.25 with a high of $60.
RMG Networks Holding Corporation RMGN - 24 percent - shares rose after jumping 16 percent on Thursday.
Rediff.com India Limited REDF - 19 percent - shares surged after the company reported fourth-quarter and full-year results earlier this wekk.
Cheetah Mobile Inc. CMCM - 16 percent - stocks were tradinng up after JPMorgan initiated coverage of the firm with an Overweight rating and a $26 price target.
InterCloud Systems, Inc. ICLD - 15 percent - stocks rose today after the firm finaled a stock purchase agreement to acquire all of the outstanding stock of Integration Partners-NY Corporation.
Comtech Telecommunications Corp. CMTL - 14 percent - firm posted better-than-expected revenue and earnings for its third-quarter.
Liquid Holdings Group, Inc. LIQD - 9 percent - stock was rising after Craig-Hallum initiates coverage with a Buy rating and a $2.50 price target.
Angie's List, Inc. ANGI - 9 percent - shares were rising after Bank of America upgraded the stock to Buy from Neutral.
Quiksilver Inc. ZQK - 8 percent - shares have been rising after UBS says takeover still possible.
VeriFone Systems, Inc. PAY - 7 percent - shares hit a 52-week high after the company posted better-than-expected earning for their second-quarter.

Losers

Rally Software Development Corp. RALY - 28 percent - stocks fell after the firm guided for a softer-than-expected for the second-quarter and full year.
Diamond Foods, Inc. DMND - 11 percent - stocks fell after the company reported a miss for third-quarter.
Sears Hometown and Outlet Stores, Inc. SHOS - 11 percent - shares have been declining after the company posed a decrease in net sales to $589.9, compared to $601.1 million from the same period last year.
Hertz Global Holdings, Inc. HTZ - 9 percent - shares have been plummetng after an investigation on behalf of the shareholders of the company over a claim the company violated Section 10(b) and 20(a) of the Securities Exchange Act of 1934.
Novavax, Inc. NVAX - 7 percent - shares fell after the company priced its public offering of 25 million shares of common stock at $4/share; a 12 percent discount to Thursday's closingprice of $4.69.
Vertex Energy, Inc. VTNR - 5 percent - shares fell after the firm agreed to sel 2.2 million shares of its common stock at a price of $7.75/share; a price discount of 12.3 percent.