- Nimble Storage Inc NMBL shares jumped 45.2 percent to $12.48 after Hewlett Packard Enterprise Co HPE announced plans to acquire Nimble Storage for $12.50 per share in cash. Nimble Storage reported a Q4 loss of $0.12 per share on revenue of $117 million.
- ModusLink Global Solutions, Inc. MLNK shares climbed 24.1 percent to $1.75. ModusLink Global reported a Q2 loss of $0.05 per share on revenue of $117.6 million. The company disclosed that its turnaround plan is on track.
- MoSys Inc. MOSY shares surged 23.1 percent to $2.65. MoSys disclosed that it has regained compliance with the NASDAQ minimum bid price listing requirement.
- NTN Buzztime Inc NTN shares rose 21.7 percent to $7.08. NTN Buzztime reported a Q4 loss of $0.22 per share on revenue of $5.98 million.
- My Size, Inc. MYSZ shares gained 20.2 percent to $2.86. MySize reported that plans are underway to open a subsidiary in Poland.
- Highpower International Inc HPJ shares surged 17.2 percent to $2.90. Highpower reported preliminary Q4 sales of $53.9 million and net income of $1.8 million.
- MeetMe Inc MEET shares climbed 15.9 percent to $5.87 after the company reported upbeat quarterly results. The company also agreed to acquire If(we), Inc. for $60.0 million in cash.
- Naked Brand Group Inc NAKD shares rose 15.6 percent to $2.46 after gaining 1.43 percent on Monday.
- TerraForm Global Inc GLBL shares climbed 15.3 percent to $4.90. Brookfield Asset Management Inc BAM announced plans to acquire TerraForm Global for around $787 million.
- LGI Homes Inc LGIH shares surged 15.2 percent to $33.43 on upbeat Q4 results.
- Weatherford International Plc WFT rose 14.9 percent to $6.76 as the company disclosed that Hallibuton CFO will be joining Weatherford as President, CEO and Director. Capital One Financial upgraded Weatherford from Equal-Weight to Overweight.
- Astoria Financial Corp AF surged 12.8 percent to $20.85 as Sterling Bancorp STL announced plans to buy Astoria Financial for $2.2 billion.
- EnteroMedics Inc ETRM shares jumped 12.2 percent to $7.21. EnteroMedics reported a Q4 loss of $2.65 per share on revenue of $141,900.
- Momo Inc (ADR) MOMO shares surged 10.6 percent to $29.43 after the company posted upbeat Q4 results.
- Foundation Medicine Inc FMI rose 9.4 percent to $34.22. Janney Capital upgraded Foundation Medicine from Sell to Neutral.
- Pier 1 Imports Inc PIR shares gained 7 percent to $7.12 after the company raised its adjusted earnings outlook for FY17.
- DISH Network Corp DISH shares rose 4.8 percent to $64.18. DISH Network will replace Linear Technology Corp. LLTC in the S&P 500 effective on March 13.
- Michaels Companies Inc MIK rose 3.1 percent to $21.16 after the company reported better-than-expected earnings for its fourth quarter and issued a strong forecast for 2017.
- Juniper Pharmaceuticals Inc JNP shares rose 3 percent to $5.20 after reporting strong Q4 results.
- Ascena Retail Group Inc ASNA rose 2.7 percent to $4.62. Ascena Retail posted a narrower-than-expected loss for its second quarter on Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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