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EPAM Systems Inc. (NYSE: EPAM) shares jumped8.43 percent to close at $33.44 a share Friday. The stock traded between $31.47 and $33.86 on volume of 1.55 million shares traded. The company announced that it expects results for the first quarter of 2014 to be above the high end of its guidance. Shares of EPAM Systems have fallen approximately 4.0 percent year-to-date.
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Herbalife Ltd. (NYSE: HLF) shares dropped 13.97 percent to close at $51.48 a share Friday. The stock traded between $51.19 and $61.30 on volume 8.83 million shares traded. According to numerous reports, the company’s marketing practices are being probed by the Federal Bureau of Investigation and the Department of Justice. Shares of Herbalife are down approximately 35.0 percent year-to-date.
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JAKKS Pacific, Inc. (NASDAQ: JAKK) shares spiked 9.96 percent to close at $8.28 a share Friday. The stock traded between $7.61 and $8.29 on volume 1.04 million shares traded. Analysts at BMO Capital Markets have upgraded the company’s rating to “outperform” and have also raised tis price target to $10.00 from $8.00. Shares of JAKKS Pacific are up approximately 23.0 percent year-to-date.
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NQ Mobile Inc. (NYSE: NQ) shares fell 20.58 percent to close at $12.70 a share Friday. The stock traded between $11.40 and $14.50 on volume of 10.89 million shares traded. The company reported adjusted earnings were $0.22 per share for the fourth quarter of fiscal 2013, which fell short of analysts’ estimates of $0.32 per share. Shares of NQ Mobile are down approximately 14.0 percent year-to-date.
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