Netflix Among Biggest Stock Price Percentage Gainers in Monday Trading
The markets steadily finished up today on a very light day of news. These two companies saw a spark to their shares during Monday’s market action:
Netflix, Inc. (NASDAQ:NFLX): Whitney Tilson looks for Netflix to pop. Already up over 30 percent for this year, Whitney Tilson says Netlix “should go crazy to the upside.” The firm cites four reasons for optimism: Street overreaction on the downside, easy acquisition for big investors, new services in the U.K. and Ireland; and renew growth in U.S. subscribers.
The shares closed at $98.18, up $11.89, or 13.78 percent. Their 52-week trading range has been $62.37 to $304.79.
VIVUS, Inc. (NASDAQ:VVUS): Food and Drug Administration sparks a Vivus surge. The company was asked to remove a proposed label restriction against use by women of childbearing age for weight-loss drug Qnexa.
The shares closed at $11.65, up $1.49, or 14.67 percent. Their 52-week trading range has been $6.00 to $11.48.
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