Morning Market Movers
Xoom (NASDAQ: XOOM) shares climbed 16.09% to $22.87 after the company reported upbeat Q1 results and issued a strong FY14 outlook.
Navigator Holdings (NYSE: NVGS) rose 14.05% to $27.51 after the company announced that it exercised an option for three newbuilds.
Elizabeth Arden (NASDAQ: RDEN) gained 13.99% to $32.42. LG Household & Healthcare is considering a bid for Elizabeth Arden, according to Reuters.
Super Micro Computer (NASDAQ: SMCI) climbed 12.90% to $21.40 after the company reported upbeat FQ3 results and issued a strong Q4 forecast.
Sanmina (NASDAQ: SANM) shares jumped 12.49% to $20.54 after the company reported better-than-expected FQ2 results.
Skechers USA (NYSE: SKX) shares rose 11.58% to $41.14 after the company reported stronger-than-expected first-quarter earnings.
Skyworks Solutions (NASDAQ: SWKS) shares gained 9.40% to $41.53 after the company reported upbeat Q2 results and issued a strong Q3 forecast.
GW Pharmaceuticals plc (NASDAQ: GWPH) surged 8.86% to $66.25 after jumping 32.19% on Tuesday.
SunPower (NASDAQ: SPWR) climbed 7.05% to $31.44 after Bank of America upgraded the stock from Underperform to Buy and lifted the price target from $21.00 to $37.00.
Spectrum Pharmaceuticals (NASDAQ: SPPI) surged 6.37% to $7.34 after the company reported that its pivotal trial of Captisol-enabled Melphalan met its primary endpoint.
Delta Air Lines (NYSE: DAL) surged 6.18% to $37.11 after the company reported a rise in its first-quarter profit. Delta's quarterly profit gained to $213 million, or $0.25 per share, compared to a year-earlier profit of $7 million, or $0.01 per share.
Dr Pepper Snapple Group (NYSE: DPS) shares rose 3.72% to $54.34 after the company reported upbeat Q1 earnings. Dr Pepper Snapple reported earnings of $0.74 per share on revenue of $1.40 billion.
Gilead Sciences (NASDAQ: GILD) shares rose 2.91% to $74.98 after the company reported better-than-expected first-quarter results and announced strong sales of its hepatitis C drug.
Yum! Brands (NYSE: YUM) climbed 2.58% to $79.48 after the company reported better-than-expected first-quarter earnings. Yum posted its adjusted net income of $0.87 per share, versus analysts' estimates of $0.84 per share.
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