BUZZ-U.S. STOCKS ON THE MOVE-CollabRx, Noodles, Rocket Fuel, Mohawk, Avon, Newmont
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks inched higher on Friday as euro zone ministers, Greece agree on draft accord. The Dow Jones industrial average was up 0.23 percent at 18,027.73, the S&P 500 was up 0.08 percent at 2,099.11 and the Nasdaq Composite was up 0.17 percent at 4,933.296.
** COLLABRX INC, $1.21, -35.98 pct
The healthcare data analytics company's offering of 3.84 million shares was priced at $1.25 per share, while the exercise price of warrants to buy up to 3.84 million shares was set at $1.56 apiece, exercisable immediately. CollabRx expects gross proceeds of about $4.8 million.
The stock has swung wildly this week, falling about 23 and 19 percent on Tuesday and Wednesday, respectively, before soaring 66 percent on Thursday.
** NOODLES & CO, $19.8, -28.62 pct
The fast-casual restaurant chain operator's holiday-quarter results and 2015 adjusted profit forecast was short of analysts' average estimates.
Robert W. Baird & Co cut its rating to "neutral" from "outperform" and Janney Capital Markets cut to "neutral" from "buy". Six others lowered price targets and Barclays cuts to $20, the lowest. Continued...