MaxLinear, Inc. MXL shares climbed 9.64 percent to $11.94. The volume of MaxLinear shares traded was 1118 percent higher than normal. MaxLinear expected Q2 revenue of $68 million to $72 million and H2 2015 revenue of $175 million to $185 million. Chardan Capital upgraded MaxLinear from Neutral to Buy and raised the price target from $9.00 to $15.00.
Lululemon Athletica inc. LULU surged 6.01 percent to $65.21. The volume of Lululemon shares traded 928 percent higher than normal. Lululemon reported better-than-expected results for the first quarter and lifted its full-year outlook.
SAGE Therapeutics Inc SAGE shares moved up 13.32 percent to $85.16. The volume of SAGE Therapeutics traded was 758 percent higher than normal. SAGE Therapeutics reported positive top-line data, from its exploratory trial of SAGE-547 in postpartum depression.
China Mobile Games & Entnmnt Grp Ltd CMGE shares rose 5.35 percent to $21.10. The volume of China Mobile Games shares traded was 574 percent higher than normal. China Mobile Games agreed to be purchased by Pegasus Investment for $22 per ADS.
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