Unusual 11 Mid-Day Movers 06/24: (SUG) (YRCW) (NYNY) Higher; (PTIE) (DRRX) (STRI) Lower
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Pain Therapeutics (Nasdaq: PTIE) 39.8% LOWER; the FDA rejected the company's and partner Pfizer's (NYSE: PFE) painkiller and issued a complete response letter.
Durect Corp. (Nasdaq: DRRX) 32.7% LOWER; related to Pain Therapeutics' REMOXY.
Southern Union Company (NYSE: SUG) 16.9% HIGHER; Williams today announced that it has proposed to acquire all of the outstanding shares of for $39.00 per share in cash, for a total enterprise value of $8.7 billion.
YRC Worldwide Inc. (Nasdaq: YRCW) 16.8% HIGHER; is continuing its recent momentum. Over the course of the week shares of YRC Worldwide are 78% higher. The stock has importantly moved over the $1 level today.
Empire Resorts (Nasdaq: NYNY) 16.5% HIGHER; announced a Master Development Agreement Term Sheet for the joint development of properties in Sullivan County, NY.
STR Holdings, Inc. (NYSE: STRI) 16.1% LOWER; today provided an update on its financial guidance for the second quarter of 2011. STRI now expects to report consolidated net sales in the range of $98 to $101 million. The Company's prior guidance for its second quarter consolidated net sales was $104 to $110 million. The Company now anticipates diluted non-GAAP earnings per share of approximately $0.30 to $0.32. The prior guidance for the second quarter for diluted non-GAAP EPS was $0.38 to $0.42.
Micron Technology (NYSE: MU) 13.0% LOWER; reported earnings for 7 cents per share on revs of $2.139 billion in Q3, compared to the consensus calling for more robust earnings of 16 cents per share and revs of $2.37 billion.
SuccessFactors (Nasdaq: SFSF) 12.7% LOWER; stock may be selling off today amid reports of a workforce reduction in the past couple of weeks that may not have been disclosed before.
Voyager Oil & Gas, Inc. (AMEX: VOG) 11.3% HIGHER; might be catching a bid from BMO Capital upgrading peer Kodiak Oil & Gas (NYSE: KOG) from Market Perform to Outperform today. Volume on the move is about normal for Voyager.
AuthenTec (Nasdaq: AUTH) 10.9% HIGHER; Signal Hill initiates with a Buy.
FiberTower (Nasdaq: FTWR) 7.8% HIGHER; continuing to bounce following sharp downside over the last month since a 97 percent 3-day move higher at the end of May.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers..
Durect Corp. (Nasdaq: DRRX) 32.7% LOWER; related to Pain Therapeutics' REMOXY.
Southern Union Company (NYSE: SUG) 16.9% HIGHER; Williams today announced that it has proposed to acquire all of the outstanding shares of for $39.00 per share in cash, for a total enterprise value of $8.7 billion.
YRC Worldwide Inc. (Nasdaq: YRCW) 16.8% HIGHER; is continuing its recent momentum. Over the course of the week shares of YRC Worldwide are 78% higher. The stock has importantly moved over the $1 level today.
Empire Resorts (Nasdaq: NYNY) 16.5% HIGHER; announced a Master Development Agreement Term Sheet for the joint development of properties in Sullivan County, NY.
STR Holdings, Inc. (NYSE: STRI) 16.1% LOWER; today provided an update on its financial guidance for the second quarter of 2011. STRI now expects to report consolidated net sales in the range of $98 to $101 million. The Company's prior guidance for its second quarter consolidated net sales was $104 to $110 million. The Company now anticipates diluted non-GAAP earnings per share of approximately $0.30 to $0.32. The prior guidance for the second quarter for diluted non-GAAP EPS was $0.38 to $0.42.
Micron Technology (NYSE: MU) 13.0% LOWER; reported earnings for 7 cents per share on revs of $2.139 billion in Q3, compared to the consensus calling for more robust earnings of 16 cents per share and revs of $2.37 billion.
SuccessFactors (Nasdaq: SFSF) 12.7% LOWER; stock may be selling off today amid reports of a workforce reduction in the past couple of weeks that may not have been disclosed before.
Voyager Oil & Gas, Inc. (AMEX: VOG) 11.3% HIGHER; might be catching a bid from BMO Capital upgrading peer Kodiak Oil & Gas (NYSE: KOG) from Market Perform to Outperform today. Volume on the move is about normal for Voyager.
AuthenTec (Nasdaq: AUTH) 10.9% HIGHER; Signal Hill initiates with a Buy.
FiberTower (Nasdaq: FTWR) 7.8% HIGHER; continuing to bounce following sharp downside over the last month since a 97 percent 3-day move higher at the end of May.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers..
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