Morning Trade: Top And Bottom Five Percentage Gainers (MSSR, OREX, TFCO, VVUS, CSCD, AMIE, DGW, AFFM, RVSN, IBCPO)

Loading...
Loading...
The market opened slightly to the upside this morning with the Dow Jones Industrial Average, S&P 500, and NASDAQ Composite all posting slight gains. The market is looking to build on last week's positive momentum, which saw positive economic numbers in many areas including the Jobs Report and ISM Index. Here are the five best/worst performers thus far: Best 1) McCormick & Schmick's Seafood Restaurants
MSSR
: Currently trading up 29% to $9.20 after Landry's Restaurants CEO Tilman Fertitta revealed plans to launch a hostile takeover of the high end seafood restaurant. 2) Orexigen Therapeutics
OREX
: Positive data emanating from phase III trials of its weight loss drug, Contrave, are pushing the stock up 15.97% to $3.35. 3) VIVUS
VVUS
: Shares of the biopharmaceutical company are posting gains of 13.79% to $7.15 as research showed that one of its experimental diet pills, Qnexa, assists in lowering blood pressure and cholesterol. The find may prompt approval for the drug from U.S. regulators. 4) Tufco Technologies
TFCO
: No news has surfaced, but shares of the manufacturing services company are up 13.5% to $4. 5) Cascade Microtech
CSCD
: The weekend announcement citing a collaborative partnership for studying 3D integrated circuit test structures has seemingly helped boost the company's stock 9.3% to $6.70 in this morning's trading action. Worst 1) Ambassadors International
AMIE
: The travel and cruise services company is undergoing a massive 68% hit, down to $1.92 this morning. The parent of Windstar Cruises filed for bankruptcy protection on Friday. 2) Duoyuan Global Water
DGW
Loading...
Loading...
: Shares are tumbling 16.5% to $4.59 this morning. Muddy Waters Research reported a "Strong Sell" on the company. 3) Affirmative Insurance Holdings
AFFM
: Currently trading down 15.02% to $2.15, the distributor and producer of automobile insurance policies posted disappointing earnings last Thursday, which seems to be weighing on the stock. 4) RADVision
RVSN
: Shares are sinking 15% to $10.17 as the video conferencing equipment company cut its guidance for the first quarter. 5) Independent Bank Corporation
IBCPO
: Shares are plummeting 13.15% to $12.81 in today's trade. No news has surfaced.
Loading...
Loading...
Posted In: Short SellersTechnicalsMovers & ShakersMoversBiotechnologyCommercial PrintingConsumer DiscretionaryContraveFinancialsHealth CareHotels, Resorts & Cruise LinesIndustrialsInformation TechnologyInternet Software & ServicesPharmaceuticalsProperty & Casualty InsuranceQnexaRestaurantsSemiconductor EquipmentTilman Fertitta
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...