Here are Tuesday’s market winners and losers.
Biggest Winners
Shares of Sapeta Therapeutics (NASDAQ: SRPT) are up 136.99% to $8.20 on trading volume of 6.6 million shares. The company has announced strong results from eteplirsen, which is intended to improve walking for patients with muscular dystrophy. The 52-week high is $9.96.
Shares of Baidu (NASDAQ: BIDU) are up 11.48% to $119.40 on trading volume 7.8 million shares. The Chinese Internet search engine reported a 51.5% higher operating profit compared to the year-earlier period. The 52-week high is $165.96.
Shares of Under Armour (NYSE: UA) are up 11.95% to $54.16 on trading volume of 4.7 million shares. The athletic apparel maker reported net earnings of 6 cents a share, better than 5 cents a share expected on Wall Street. Before Tuesday, the 52-week high was $53.93
Biggest Losers
Shares of DeVry (NYSE: DV) are down 27.29% to $20.04 on trading volume of 5.2 million shares. DeVry announced Monday that it expects to earn 43 cents to 46 cents in the fourth-quarter, well below the 79 cents wall street analysts were expecting. Before Tuesday, the 52-week low was $26.13.
Shares of Gentex (NASDAQ: GNTX) are down 22.08% to $16.48 on trading volume of 8 million shares. The company posted earnings of 28 cents a share, down from the 29 cents a share analysts were expecting. Before Tuesday, the 52-week low was $19.36.
Shares of WebMD (NASDAQ: WBMD) are down 20.76% to $14.20 on trading volume of 2.9 million shares. The health care information company said it projects a second-quarter loss of $6 million. Losses for the year are expected to be between $11.9 million and $22.9 million. Before Tuesday, the 52-week low was $17.88.
Samuel Weigley