Market Overview

Morning Market Gainers

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Ashford Hospitality Prime Inc (NYSE: AHP) surged 13.47 percent to $13.90 after the company announced its plans to explore strategic alternatives for increasing holder value.

Big Lots, Inc. (NYSE: BIG) shares jumped 11.19 percent to $46.70 after the company reported better-than-expected earnings for the second quarter.

Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) rose 9.95 percent to $4.76 after the company reported that its RT Logic subsidiary has received a $49 million contract award from a U.S. Government Agency for Satellite and Communication System hardware, equipment and products

Smith & Wesson Holding Corp (NASDAQ: SWHC) climbed 9.12 percent to $17.70 after the company reported upbeat results for its fiscal first quarter.

American Software, Inc. (NASDAQ: AMSWA) shares rose 7.87 percent to $9.05. American Software reported fiscal first-quarter adjusted earnings of $0.10 per share on revenue of $28.9 million.

United Continental Holdings Inc (NYSE: UAL) shares surged 6.09 percent to $56.61 after Standard & Poors reported that United Continental will join S&P 500. United Continental will replace Hospira, Inc. (NYSE: HSP) after the closing bell on September 2.

Activision Blizzard, Inc. (NASDAQ: ATVI) shares gained 4.98 percent to $29.32 after Standard & Poors reported that Activision Blizzard will join S&P 500. Activision Blizzard will replace Pall Corporation (NYSE: PLL) after the closing bell on Friday.

Splunk Inc (NASDAQ: SPLK) shares gained 3.15 percent to $66.26 after the company reported upbeat results for the second quarter and issued a strong revenue forecast.

Posted-In: Market GainersNews Intraday Update Markets Movers

 

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