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After-market Movers For May 13 (TTWO, PDII, NSPH, SCTY, MOSY, SPH)

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Gainers:

Take-Two Interactive Software Inc. (TTWO) rose over 3 percent to $17.01. The company swung to a profit in its fourth quarter and its adjusted earnings per share were above Wall Street view. Net revenues for the quarter surged from the year-ago quarter and topped the consensus estimate. Meanwhile, the company forecast first quarter results below analysts' view and full-year 2014 results in-line with Street view.

PDI, Inc. (PDII) surged 27 percent to $5.15 after reporting a profit in its first quarter of 2013. Revenue increased 36 percent and topped the consensus estimate. The company still anticipate revenue for the full year to be approximately 25 percent higher, but its gross profit to be at or below the level achieved in 2012.

Nanosphere, Inc. (NSPH) improved 20 percent to $3.35 following the news that it has signed a distribution agreement with Hitachi High-Technologies Corp. to market its products in Japan. The two companies also intend to collaborate on assay and platform development.

Decliners:

SolarCity Corp. (SCTY) declined 6 percent to $33.70. The company slipped to a loss in its first quarter. Total revenue grew 21 percent from the year-ago quarter.

MoSys, Inc. (MOSY) fell 9 percent to $4.25. The company intends to offer shares of its common stock in public offering and plans to use the net proceeds for working capital and general corporate purposes.

Suburban Propane Partners, L.P. (SPH) declined 4 percent to $47.98 based on the news that it has commenced a public offering to sell 2.70 million common units representing limited partner interests.

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