Benzinga’s Top Gainers (BIG, MRVL, MWW, AF, SNV)
Big Lots, Inc. (NYSE: BIG) has soared 16.60% to $27.45 on 6.33 million shares after BIG’s third-quarter profit jumped more than expected and it also lifted its outlook for the fourth quarter and for the year. Its third-quarter net income more than doubled to $30.3 million, or 37 cents a share, from $12.2 million, or 15 cents a share, a year earlier.
Marvell Technology Group Ltd. (NASDAQ: MRVL) has jumped 7.08% to $17.70 after Marvell’s fiscal third-quarter profit - its second in a row after two quarters in the red - almost tripled on a tax benefit and a big margin improvement. MRVL’s results exceeded its guidance.
Monster Worldwide, Inc. (NYSE: MWW) shares climbed 10.38% to $16.59 on 2.40 million shares after the U.S. monthly unemployment rate fell surprisingly. So far this year, MWW is up over 37%.
Astoria Financial Corporation (NYSE: AF) shares soared 5.55% to $11.41 after AF was upgraded from Underperform to Market Perform, Friedman, Billings Ramsey said with a price target of $11.
Synovus Financial Corp. (NYSE: SNV) shares climbed 13.48% to $2.02 on 21.60 million shares. So far this year, SNV is down over 75%.
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Posted-In: Intraday Update Markets Movers