Market Overview

After-Hours Movers Mar. 5, 2014: ERII, PXLW, BIOD, SEED Higher, DVAX, LYV Lower

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Moving up:

  • Energy Recovery (NASDAQ: ERII) - up 29% - Reports Q4 EPS of $0.13 vs $0.08 est; revenue of $23.20M vs $21.37M est.
  • Pixelworks (NASDAQ: PXLW) - up 9.3% - Files SEC form 8-K, other events.
  • Biodel (NASDAQ: BIOD) - up 9% - Announces commercial manufacturing deal with emergent biosolutions for glucagon rescue product.
  • Origin Agritech (NASDAQ: SEED) - up 6.5% - Momentum continuing in after hours session after China's largest agriculture biotechnology company jumped 34 percent during Wednesday's trading.
  • Zogenix (NASDAQ: ZGNX) - up 4.5% - Reports Q4 EPS of $(0.28) vs $(0.09) est; revenue of $9.92M vs $8.68M est.
  • IGI Laboratories (NYSE: IG) - up 4% - Seeking Alpha published bullish article saying “management has delivered and the pipeline is building.”

Moving down:

  • Dynavax Technologies (NASDAQ: DVAX) - down 3.4% - Seeking Alpha published bullish article saying the company's “key product could be approved in 2016 and this speculative biotech name should appeal to the 'shotgun investor'.”
  • Live Nation Entertainment (NYSE: LYV) - down 1.5% - Investors seem to be taking profits on this stock that has gone up 140 percent since January 2013.

Posted-In: News Movers


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