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Morning Market Gainers

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Genetic Technologies Limited (NASDAQ: GENE) shares jumped 36.74% to $1.74. Genetic Technologies announced up to 6 new breast centres to begin offering BREVAGenplus.

Harman International Industries, Incorporated (NYSE: HAR) shares rose 16.39% to $117.57 after the company reported higher Q2 earnings and announced a strategic collaboration with Baidu.

Silicom Ltd. (NASDAQ: SILC) shares gained 14.92% to $42.45 on better-than-expected Q4 results.

Xencor, Inc. (NASDAQ: XNCR) shares jumped 9.10% to $18.46 after the company reported positive XmAb 7195 top-line interim Phase 1a results.

Mellanox Technologies, Ltd. (NASDAQ: MLNX) shares gained 8.92% to $47.25 after the company reported upbeat quarterly earnings. Nomura raised the price target on the stock from $58.00 to $60.00

Coach, Inc.(NYSE: COH) shares surged 7.17% to $39.08 after the company reported better-than-expected earnings for the second quarter.

Citrix Systems, Inc. (NASDAQ: CTXS) rose 5.98% to $62.73 after the company reported better-than-expected Q4 results and announced its plans to lower about 900 jobs.

Colgate-Palmolive Co. (NYSE: CL) shares gained 5.54% to $68.73 after the company reported better-than-expected fourth-quarter earnings.

Flextronics International Ltd. (NASDAQ: FLEX) shares rose 5.49% to $11.15 after the company announced stronger-than-expected financial results for its third quarter.

McDonald's Corp. (NYSE: MCD) shares surged 3.29% to $91.70 after the company announced that its CEO Don Thompson will retire March 1. The company named Steve Easterbrook as President and CEO.

 

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