Unusual 11 Mid-Day Movers 08/20: (WAVX) (CVH) (RPRX) Higher; (CERE) (ZAGG) (BEBE) Lower

August 20, 2012 1:42 PM EDT Send to a Friend
Wave Systems Corp. (Nasdaq: WAVX) 32.7% HIGHER; powering above the $1 level for the first time since the end of May.

Coventry Health Care, Inc. (NYSE: CVH) 19.5% HIGHER; Aetna (NYSE: AET) to acquire Coventry in net $5.6 billion deal.

Repros Therapeutics Inc. (Nasdaq: RPRX) 15.3% HIGHER; getting above $10 for the first time since 2009.

Ceres, Inc. (Nasdaq: CERE) 14.1% LOWER; lower following massive volume earlier in the session. Shares pushed below the $8.25 support level.

JinkoSolar Holding Co., Ltd. (NYSE: JKS) 13.6% HIGHER; announced that the Company's polycrystalline modules passed PID test at 85 Degrees Celsius/85% relative humidity, following the success of passing potential induced degradation (PID) test at 65 Degrees Celsius weeks ago.

ZAGG Inc. (Nasdaq: ZAGG) 12.6% LOWER; CEO Pedersen announced he was stepping down late last Friday.

Hudson Technologies Inc. (Nasdaq: HDSN) 10.5% HIGHER; gapping above key $3.50 level Monday on overall sentiment.

LDK Solar Co., Ltd. (NYSE: LDK) 10.5% HIGHER; higher on positive sentiment in the solar sector. In part, reports have New York Governor Andrew Cuomo signing into bill legislation which would provide tax credits for homeowners and businesses that install solar equipment.

bebe (Nasdaq: BEBE) 10.2% LOWER; Emilia Fabricant, President of bebe, resigned from the company last Friday for personal reasons. Manny Mashouf, company Chairman and Chief Executive Officer, will continue to assume leadership of the company and Ms. Fabricant’s duties will be absorbed by both he and Renee Bell, Executive Vice President, Merchandising. Janney downgraded shares Monday.

Ellie Mae, Inc. (Nasdaq: ELLI) 9.5% LOWER; could be some profit taking following a parabolic move in the shares leading up to an annual high last Friday at $29.49.

Aastrom Biosciences (Nasdaq: ASTM) 9.9% LOWER; lower as Roth Capital downgraded shares earlier from Buy to Neutral.

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