Market Overview

Mid-Afternoon Market Movers For July 10, 2014

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Thursday's market movers.

Gainers of the Day:

Cray (NASDAQ: CRAY) - 13.37 percent - The company announced a $174 million contract with National Nuclear Security Administration.

United Continental (NYSE: UAL)- 10.63 percent - Bank of America upgraded the firm due to the airlines financial and operational results reported in its second quarter of 2014, released Wednesday.

Zumiez (NASDAQ: ZUMZ) - 7.61 percent - The company boosted its outlook and reported strong results for June. D.A. Davidson & Co analyst Andrew Burns reiterated a Buy rating on Zumiez and raised the price target from $35.00 to $36.00.

CYNK Technology (OTC: CYNK) - 7.75 percent - Justin Bieber announced he will take payments from donors on the site to make announcements.

Immersion (NASDAQ: IMMR) - 7.72 percent - The company announced it entered into a long-term license agreement with Huawei Device.

Laggers of the Day:

Potbelly (NASDAQ: PBPB) - 24.16 percent - Hit a new 52-week low of $11.11 after the company warned it will miss Q2 expectations by a wide margin.

Lumber Liquidators (NYSE: LL) - 20.41 percent - Analysts are piling on the stock after the company slashed second-quarter and full-year guidance. Credit Suisse jumped into the mix with a downgrade from Outperform to Neutral and cut the price target by 35 percent to $65.

Sarepta Therapeutics (NASDAQ: SRPT) - 16.80 percent - The company offered long-term outcomes through 144 weeks from Phase IIb study of eteplirsen in DMD.

Liquidity Services (NASDAQ: LQDT) - 13.73 percent - The company adjusted its Q3 earnings and said it would be down 10 to 20 percent lower than its previous guidance given between $0.28 per share to $0.34 per share.

Posted-In: Intraday Update Movers

 

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