Market Overview

Morning Market Gainers

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Prima BioMed Ltd (ADR) (NASDAQ: PBMD) shares jumped 36.02 percent to $1.47. FBR Capital initiated coverage on Prima Biomed with a Outperform rating and a $6.00 price target.

Dyax Corp. (NASDAQ: DYAX) shares gained 12.02 percent to $37.37 after the company reported early termination of Hart-Scott-Rodino waiting period.

Avago Technologies Ltd (NASDAQ: AVGO) shares gained 10.70 percent to $146.35 after the company reported better-than-expected earnings for its fiscal fourth quarter.

New York & Company, Inc. (NYSE: NWY) shares surged 8.92 percent to $2.32. New York & Company reported a Q3 loss of $0.05 per share on revenue of $219.8 million.

Lightinthebox Holding Co Ltd-ADR (NYSE: LITB) shares rose 8.31 percent to $3.78 after the company reported that the founder and CEO, Alan Guo, has purchased 446,554 shares.

Foamix Pharmaceuticals Ltd (NASDAQ: FOMX) shares jumped 8.09 percent to $8.65 after the company reported reported positive top-line results from the Phase II study of FDX104 in Acneiform Rash.

Sanderson Farms, Inc. (NASDAQ: SAFM) shares gained 7.43 percent to $75.91. Analysts at CLSA upgraded Sanderson Farms from Underperform to Outperform.

Photronics, Inc. (NASDAQ: PLAB) shares rose 6.28 percent to $11.85 on better-than-expected Q4 results.

DBV Technologies SA - ADR (NASDAQ: DBVT) shares jumped 4.72 percent to $36.13. Analysts at Barclays initiated coverage on DBV Technologies with a Overweight rating.

Express, Inc. (NYSE: EXPR) rose 3.22 percent to $17.95 after the company reported stronger-than-expected results for the third quarter.

Posted-In: Market GainersNews Intraday Update Markets Movers

 

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