Unusual 11 Mid-Day Movers 07/05: (MEET) (ECYT) (JNY) Higher; (UNXL) (LEN) (DELL) Lower
MeetMe, Inc. (NYSE: MEET) 15.2% HIGHER; shares gain on volume that is 5x the norm.
Endocyte, Inc. (NASDAQ: ECYT) 8.2% HIGHER; shares gain on volume that is double the norm.
Uni-Pixel, Inc. (NASDAQ: UNXL) 7.2% LOWER; continues lower as short sellers press bets.
Cimatron Ltd. (NASDAQ: CIMT) 6.1% HIGHER; shares gain for the 5th straight session.
The Jones Group Inc. (NYSE: JNY) 5.9% HIGHER; reports the company will put itself up for sale.
Lennar Corp. (NYSE: LEN) 3.2% LOWER; homebuilders under pressure on rising interest rates.
Dell (Nasdaq: DELL) 3.2% LOWER; Michael Dell & Silver Lake ruled out a higher offer for Dell reported Bloomberg's Serena Saitto, citing people with direct knowledge. The consortium believes their offer is fair and represents a significant premium to where the stock would trade if the deal fell apart.
Delta Air Lines Inc. (NYSE: DAL) 2.8% HIGHER; transportation names higher
Zoetis Inc. (NYSE: ZTS) 2.7% HIGHER; BofA/Merrill Lynch upgraded from Neutral to Buy.
lululemon athletica, Inc. (NASDAQ: LULU) 2.2% LOWER; disclosed that on July 3, 2013 it filed with the SEC a prospectus supplement dated July 3, 2013 to its prospectus dated July 3, 2013, which was included in its automatic shelf registration statement on Form S-3. The Prospectus Supplement relates to the sale by Dennis J. Wilson of up to 3,400,000 shares of the Company's common stock, par value $0.005 per share. These shares of common stock have been issued or are issuable to the Selling Stockholder upon his exchange of an equivalent number of the exchangeable shares of Lulu Canadian Holding, Inc. (an indirect wholly-owned subsidiary of the Company).
HollyFrontier (NYSE: HFC) 2% LOWER; BofA/Merrill Lynch downgraded from Buy to Neutral.
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