- Herbalife Ltd. HLF surged 16.1 percent to $68.94. The volume of Herbalife shares traded was 2885 percent higher than normal. According to media reports, Herbalife was cleared by the U.S. Federal Trade Commission of allegations it was operating as a pyramid scheme.
- Alere Inc ALR shares moved up 7.1 percent to $42.30. The volume of Alere traded was 320 percent higher than normal. Alere reported preliminary FY15 sales of $2.447 billion to $2.477 billion and expected Q4 sales of $573 million to $593 million. Canaccord Genuity upgraded Alere from Hold to Buy.
- Straight Path Communications Inc STRP shares climbed 6.5 percent to $36.87. The volume of Straight Path Communications shares traded was 240 percent higher than normal. Straight Path Communications shares have climbed 17.79 percent over the past 52 weeks, while the S&P 500 index has gained 2.67 percent in the same period.
- International Paper Co IP shares rose 3.4 percent to $45.53. The volume of International Paper shares traded was 112 percent higher than normal. International Paper shares have dropped 6.71 percent over the past 52 weeks, while the S&P 500 index has gained 2.67 percent in the same period.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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