Gainers
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Fossil Group Inc (NASDAQ: FOSL) shares
are surging up 55 percent after reporting a big fourth quarter earnings beat. Adjusted earnings in the fourth quarter came in
at 64 cents per share, beating estimates by 24 cents. Sales came in $41 million ahead of estimates at $921 million.
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LightPath Technologies, Inc. (NASDAQ: LPTH) shares are up 13 percent after reporting a second quarter sales beat,
coming in $210 million ahead of estimates at $8.36 billion. EPS fell in-line with estimates at 2 cents per share.
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Chipotle Mexican Grill (NYSE: CMG) shares are up 11
percent after announcing Taco Bell CEO Brian Niccol will assume CEO duties at Chipotle.
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Zion Oil & Gas, Inc. (NASDAQ: ZN) shares
are up 9 percent after reporting the company hit oil in Israel, at a portion of its Megiddo-Jezreel well. The company says it
encountered free-flowing hydrocarbons while circulating drilling mud at a current open hole wireline logging. The company
decided to drill 70 meters further upon the discovery.
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Genesco Inc. (NYSE: GCO) shares are up 3
percent after the company announced the decision to initiate the process to sell Lids Sports Group.
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The Western Union Company (NYSE: WU) shares
are up 3 percent despite reporting a fourth quarter earnings miss. The company raised its quarterly dividend from $0.175 to
$0.19 per share. CFO Rajesh Agrawal said on the earnings call that the company is testing transactions with cryptocurrency
Ripple.
Losers
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ChannelAdvisor Corp (NYSE: ECOM) shares
are down 12 percent after reporting a fourth quarter sales miss. Adjusted earnings came in at 9 cents per share beating
estimates, but sales fell $260,000 short of estimates at $34.1 million.
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Pieris Pharmaceuticals Inc (NASDAQ: PIRS) shares are down 8 percent after announcing a common stock offering. The
size was not disclosed.
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Apricus Biosciences Inc (NASDAQ: APRI)
shares are down 5 percent. No news was immediately available.
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