ModusLink Global Solutions, Inc. (NASDAQ:MLNK) soared 40.64% Tuesday, leading all top gainers on Wall Street. The stocks has snapped 4-day losing streak.
Keryx Biopharmaceuticals (NASDAQ:KERX) sprung 38.01% to new high after its kidney disease drug showed outcome that was in line with the late-stage trial goal. Late Tuesday, the company declared that it has initiated a $55 million underwritten public offering of shares of its common stock.[article_detail_ad_1]
Despite hitting new low, School Specialty, Inc. (NASDAQ:SCHS) jumped 27.75% after entering bankruptcy.
Ecotality, Inc. (NASDAQ:ECTY) rallied 25.48% the company recently expanded its partnership with Sears Holdings (NASDAQ:SHLD) and also launched the first Blink® Direct Current (DC) Fast Charger stations at a number of Sears stores in Tennessee and Arizona.
Sierra Wireless, Inc. (USA) (NASDAQ:SWIR) added 8.45% to hit new high after signing a deal to sell select assets and operations of its AirCard business to NetGear for approximately $138 million in cash.
Gevo, Inc. (NASDAQ:GEVO) rose in final hours to end Tuesday up 17.24%, surpassing all other publicly traded Colorado stocks.
Mindspeed Technologies, Inc. (NASDAQ:MSPD) surged 14.39% after results.
Valero Energy Corporation (NYSE:VLO) marked its best since 2009 after earnings release.
D.R. Horton, Inc. (NYSE:DHI) scored best since at-least 2008 after financial report.
YPF SA (ADR) (NYSE:YPF) gained 10.93% on a day in which the South American country’s energy stocks advanced.
J.C. Penney Company, Inc. (NYSE:JCP) added 9.31% the retailer’s CEO unveiled plans to bring back some of the big discounts it discarded last year in a bid to woo back shoppers.
Hess Corp. (NYSE:HES) increased $5.63 or 9.01% after investment firm Elliott Management encouraged shareholders of the oil and gas producer to elect at its 2013 Annual Meeting a slate of five independent directors to the Board.
Delek US Holdings, Inc. (NYSE:DK) hit an all-time high on Tuesday. More on the upside, Novatel Wireless Inc (NASDAQ:NVTL), Western Refining, Inc. (NYSE:WNR), Beazer Homes USA, Inc. (NYSE:BZH), LPL Financial Holdings Inc (NASDAQ:LPLA) and HollyFrontier Corp (NYSE:HFC) all recorded solid gains.
A.P. Pharma, Inc. (OTC:APPA) reached to its top since IPO, extending gains after analyst Larry Smith predicted approval of its lead drug, APF530 at the March 27, 2013 PDUFA date.
Trius Therapeutics, Inc. (NASDAQ:TSRX) traded 7.43% higher after WBB Securities president Stephen Brozak provided positive comments about the company in an article published on Seeking Alpha.
SUPERVALU INC. (NYSE:SVU) rose 6.25% after the third-biggest U.S. grocery chain set the rate it plans to pay on $2.4 billion of loans in order to support the sale of five supermarket chains to a Cerberus Capital Management LP-led investor group.
First Majestic Silver Corp (NYSE:AG) jumped 6.83% to lead all silver-related companies on Tuesday after the silver price ended a three-session losing streak.
There was no decliner in this industry as all including Silvercorp Metals Inc. (USA) (NYSE:SVM), Hecla Mining Company (NYSE:HL), Pan American Silver Corp. (USA) (NASDAQ:PAAS), Silver Wheaton Corp. (USA) (NYSE:SLW) and Coeur d’Alene Mines Corporation (NYSE:CDE) ended in green.
Gold stocks ended mostly higher on Tuesday after the yellow metal ended a four-day declining string, led by Aurizon Mines Ltd. (USA) (NYSEAMEX:AZK) after the company rejected Alamos Gold’s hostile bid calling it money-wise inadequate and opportunistic.
Other gold giants like Kinross Gold Corporation (USA) (NYSE:KGC), Barrick Gold Corporation (USA) (NYSE:ABX), Newmont Mining Corp (NYSE:NEM), Yamana Gold Inc. (USA) (NYSE:AUY), Goldcorp Inc. (USA) (NYSE:GG), AuRico Gold Inc (USA) (NYSE:AUQ) and IAMGOLD Corporation (USA) (NYSE:IAG) also closed the day in green.