Unusual 11 Mid-Day Movers 05/24: (GENE) (GNOM) (SWSH) Higher; (NTAP) (SIG) (LDK) Lower

May 24, 2012 1:03 PM EDT
Genetic Technologies (Nasdaq: GENE) 49.7% HIGHER; shares are continuing higher today following a brief pause yesterday. The stock surged more than 65 percent on Tuesday. Shares are over the $4 level today.Volume is already extremely heavy.

Complete Genomics (Nasdaq: GNOM) 36.4% HIGHER; could be trading higher amid strong momentum in shares of Genetic Tech. Pushed above resistance at $2.

Swisher Hygiene Inc. (Nasdaq: SWSH) 15.0% HIGHER; Swisher pushing through the $1.80 price level and the 50- and 200-day SMA's Thursday. The company previously said it would be delaying the filing of its 10-Q with the SEC due to an internal review.

Pandora Media (NYSE: P) 14.6% HIGHER; reported Q1 EPS of ($0.09), $0.08 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $80.8 million versus the consensus estimate of $74.35 million. Sees Q2 2013 EPS of $-0.03-$-0.05, versus prior guidance of $99-$101 and the consensus of $-0.03. Sees Q2 2013 revenue of $99.91 million. Sees FY2013 EPS of $-0.07-$-0.01, versus the consensus of $-0.17. Sees FY2013 revenue of $420-$427 million, versus the consensus of $415.9 million.

China Nepstar (NYSE: NPD) 14.2% HIGHER; the stock pushed to the $2.70 level at the open, then pushed over resistance at $2.90 just after noon. Volume is heavy today.

NetApp, Inc. (Nasaq: NTAP) 13.5% LOWER; reported Q3 EPS of $0.66, $0.03 better than the analyst estimate of $0.63. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.68 billion. NetApp, Inc. sees Q1 2013 EPS of $0.10-$0.15.

AFC Enterprises, Inc. (Nasdaq: AFCE) 13.1% HIGHER; reported Q1 EPS of $0.35, $0.04 better than the analyst estimate of $0.31. Revenue for the quarter came in at $52.8 million versus the consensus estimate of $49.2 million. Comps were up 7.4%. Boosted its FY12 same-store sales guidance from up 3-4 percent to up 4-5 percent.

Signet Jewelers (NYSE: SIG) 11.4% LOWER; reported Q1 EPS of $0.96, $0.05 better than the analyst estimate of $0.91. Revenue for the quarter came in at $900 million versus the consensus estimate of $912.26 million. Comps were up 1.2%. Sees Q2 2012 EPS of $0.78-$0.84, versus the consensus of $0.89. Sees comps up in the mid to high single digit range.

LDK Solar Co., Ltd. (NYSE: LDK), 10.1% LOWER; issued a statement regarding the preliminary antidumping duty decision by the US Department of Commerce (DOC). Click here for the statement.

Asia Entertainment & Resources (Nasdaq: AERL) 9.8% LOWER; fell to the $4 level but successfully bounced above this support level right around noon. The stock has pushed back under this level, but seems relatively stable.

Zale Corp. (NYSE: ZLC) 8.7% LOWER; reported Q3 EPS of ($0.14), vs. the analyst estimate of ($0.16). Revenue for the quarter came in at $445 million versus the consensus estimate of $433.9 million. Comps were up 8 percent during the quarter.

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