Market Overview

15 Biggest Mid-Day Gainers For Friday

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  • Precision Auto Care (OTC: PACI) shares jumped 71.6 percent to $1.39 following announcement of acquisition by Icahn Enterprises LP (NASDAQ: IEP).
  • ChinaCache International Holdings Ltd (NASDAQ: CCIH) shares surged 26.3 percent to $1.69 on volume. On Thursday, ChinaCache disclosed that it has received Content Delivery Network License from the Chinese Government.
  • CGG SA (ADR) (NYSE: CGG) shares climbed 19.9 percent to $6.69 after the company reported an agreement in principle on financial restructuring plan with main creditors and DNCA.
  • XBiotech Inc (NASDAQ: XBIT) shares jumped 19.4 percent to $11.14. Stifel Nicolaus upgraded Aegean Marine Petroleum from Hold to Buy.
  • Synergy Pharmaceuticals Inc (NASDAQ: SGYP) shares jumped 15.4 percent to $4.19. Cantor Fitzgerald initiated coverage on Synergy Pharmaceuticals with an Overweight rating and a $11.00 price target.
  • Lululemon Athletica inc. (NASDAQ: LULU) surged 13.1 percent to $55.03 as the company reported stronger-than-expected results for its first quarter and raised its FY 2017 earnings outlook. The company also announced it plans to restructure its girls activewear brand, ivivva, toward a primarily e-commerce focused business. The company announced it will close 40 of its 55 ivivva branded stores and convert half the remaining stores to Lululemon branded stores.
  • Aegean Marine Petroleum Network Inc. (NYSE: ANW) rose 12.5 percent to $5.60. Stifel Nicolaus upgraded Aegean Marine Petroleum from Hold to Buy.
  • Canada Goose Holdings Inc. (NYSE: GOOS) shares gained 9.7 percent to $20.53. Canada Goose posted Q4 adjusted net loss of CAD 0.15 per share on sales of CAD 51.1 million. The company expects 3 year growth of mid to high teens percent per year.
  • Cooper Companies Inc (NYSE: COO) shares rose 8.8 percent to $239.23. Cooper Companies posted upbeat earnings for its second quarter.
  • Hurco Companies, Inc. (NASDAQ: HURC) climbed 6.1 percent to $31.58. Hurco reported Q2 earnings of $0.54 per share on sales of $58.222 million.
  • Broadcom Ltd (NASDAQ: AVGO) gained 6.1 percent to $248.90 after the company posted better-than-expected results for its second quarter on Thursday.
  • Evolent Health Inc (NYSE: EVH) surged 4.3 percent to $25.65. Baird initiated coverage on Evolent Health with an Outperform rating.
  • Mantech International Corp (NASDAQ: MANT) shares rose 3.6 percent to $40.44. Cowen & Co. upgraded Mantech from Market Perform to Outperform.
  • ViaSat, Inc. (NASDAQ: VSAT) gained 3.5 percent to $69.89. Cowen & Co. upgraded Mantech International from Market Perform to Outperform.
  • Biocept Inc (NASDAQ: BIOC) rose 3 percent to $1.50. Chardan Capital initiated coverage on Biocept with a Buy rating.

Posted-In: Mid-Day MoversNews Intraday Update Markets Analyst Ratings Movers

 

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