Shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) soared about 25% by afternoon trade after the coffee maker, late last evening, announced that it has extended its partnership with the world’s biggest coffee-store chain, Starbucks Corp (NASDAQ: SBUX). Under the latest agreement, Green Mountain would triple its supplies of KEURIG Brewers line of products to Starbucks.
Continue reading Major Movers on May 9; GMCR, ATVI, GRPN, RAX, TSLA, RAX, BKS
Shares of ValueClick Inc. (NASDAQ: VCLK) rallied on Monday after Jefferies upgraded the stock from “Hold” to “Buy “ rating and raised its price target on it to $35.00 from $23.00. The improvement in ratings come after company’s analyst day, where both CEO John Guliani and team, eloquently said that the Company was shifting towards a more integrated and customer focused model, according to Jeffries. According to Jeffries, the shift will allow ValueClick to leverage robust data and breadth of consumer touch points, which in turn help the company to gain traction in an expanding digital marketing services market.
Continue reading Major Movers on March 18; VCLK, RAX, ADVS, INCY, HPQ, JCP
Shares of Proto Labs Inc. (NYSE: PRLB), a manufacturer of computer numerical machined and plastic injection modeled parts, are seeing a huge rally in trading today after the company reported strong fourth-quarter financial results.
Continue reading Major Movers on February 13; PRLB, Z, RAX, CLF, WCG