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Unusual 11 Mid-Day Movers 04/03: (MVIS) (NIHD) (CHLN) Higher; (MSPD) (CPSS) (TGD) Lower

April 3, 2013 1:18 PM EDT Send to a Friend
Microvision Inc. (Nasdaq: MVIS) 28.8% HIGHER; announced a development agreement with a prominent electronics company to incorporate MicroVision’s ground breaking PicoP display technology into a display engine that could enable a variety of new products.

NII Holdings Inc. (Nasdaq: NIHD) 20.5% HIGHER; may be in discussions to sell its Peru unit to Chile’s Empresa Nacional de Telecomunicaciones SA.

China Housing & Land Development (Nasdaq: CHLN) 20.5% HIGHER; rebounding after reporting quarterly results on Tuesday.

Zynga, Inc. (Nasdaq: ZNGA) 15.3% HIGHER; said to start offering real money games in the U.K. April 3rd.

Mindspeed Technologies, Inc. (Nasdaq: MSPD) 15.0% LOWER; updated its revenue outlook for the fiscal second quarter of 2013 previously provided on January 28, 2013. For the fiscal second quarter, ended March 29, 2013, Mindspeed now expects total net product revenue to be approximately $35.1 to $35.5 million. Management’s prior outlook was for total net product revenue to be approximately flat to up or down 2% versus total net product revenue in the fiscal first quarter of 2013 of $38.4 million. Click here for more color.

Consumer Portfolio Services, Inc. (Nasdaq: CPSS) 13.2% LOWER; may be pulling back today following a phenomenal gain over the last year. Shares at $12.79 are up from a low of $1.20 hit last April.

Niska Gas Storage Partners LLC (NYSE: NKA) 13.1% HIGHER; Goldman Sachs upgraded Niska from Sell to Neutral, raising its price target from $11 to $15. For more color, click here.

Timmins Gold Corp. (AMEX: TGD) 11.0% LOWER; lower as gold is coming under more pressure today amid mixed U.S. economic data.

Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) 9.5% LOWER; returning the favor following an 8.6 percent pop on Tuesday.

Star Scientific, Inc. (Nasdaq: STSI) 9.5% LOWER; another press release late Tuesday stating that Star is being sued by an investor. The company previously refuted prior allegations, though nothing has come from the company as of yet.

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