Best 5 & Worst 5 Mid Cap Stocks: Myriad Genetics, Yelp, Sears, SandRidge …
Oct 02, 13
Myriad Genetics, Inc. (NASDAQ:MYGN) went up 7.70% after the company explained that two contractors working for the Centers for Medicare Medicaid Services, or CMS, have announced incorrect reimbursement rates for the company’s BRAC Analysis genetic screening tests.
Yelp Inc (NYSE:YELP) gained 7.46% following management meetings that increased confidence in higher advertising growth trajectory. Yelp Inc. connects people with great local businesses. Its users have contributed a total of approximately 36.0 million cumulative reviews of almost every type of local business, from restaurants, boutiques and salons to dentists, mechanics and plumbers.
Sears Holdings Corp (NASDAQ:SHLD) jumped 7.18% after becoming a part of “Anti Bullying Campaign” in schools.
SandRidge Energy Inc. (NYSE:SD) increased 5.29% after announcing a $3.50-per-share semi-annual dividend on its shares of 7% convertible perpetual preferred stock. It has 3 million shares of the preferred stock outstanding.
Zynga Inc (NASDAQ:ZNGA) elevated 4.63% after the company settled a trademark lawsuit against the makers of Bang With Friends.
Ashland Inc. (NYSE:ASH) fell -2.68% after ASHLAND INC. Filed SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits.
Tesoro Corporation (NYSE:TSO) went down -2.00% after Tesoro wrapped up the sale of its Kapolei refinery and a number of retail gas stations in Hawaii.
Avis Budget Group Inc. (NASDAQ:CAR) plunged -1.77% after Avis Car Rental offered residents of the United States and Canada a way to save up to 25 percent on international rentals when they book by October 31, 2013 and pick up the vehicle by December 12, 2013. The offer is valid at participating locations in Asia, Africa, Australia, Canada, Europe, Latin America and the Caribbean, the Middle East and New Zealand.
Autodesk, Inc. (NASDAQ:ADSK) dipped -1.65% after Autodesk filed an 8K with the Securities Exchange Commission stating it is undertaking a restructuring plan that will involve layoffs and some consolidation of its leased real estate.
Restoration Hardware Holdings Inc (NYSE:RH) slipped -1.25% after holder CP Home files to sell about 4M shares.
About the Author:
Ross Horner has lectured widely on US markets. As journalist, Ross has covered investment and financial news for over 5 years.