Mid-Day Market Movers (INFN, ATHN, EDCI, ALGN)

Infinera Corporation INFN climbed 21.32% to $8.48 at 10:30 am. INFN narrowed its Q2 losses on a year-over-year basis due to a sharp rise in revenues. Athenahealth Inc ATHN shares advanced 21.12% to $26.72. Although ATHN’s Q2 profits fell on a y/y basis, their performance exceeded the consensus expectations. EDCI Holdings Inc EDCI jumped 18.70% to $4.76. According to the company’s Plan of Dissolution, the Board of Directors has given approval to the second dissolution distribution payment of $1.56 per share to its shareholders. Align Technology Inc ALGN shares surged 13.82% to $16.88. ALGN had posted better-than-expected Q2 earnings. Read more from Benzinga's Company news.