EdgeWater 10/28/2010 9:41:03 PM
News / Business

Top NASDAQ Stock Movers (IMLN, FFIV, ZRAN)

Top NASDAQ Stock Movers

EXACT Sciences Corporation (NASDAQ:EXAS) plunged 6.29% to $8.35. The company announced its financial results for the third quarter ended September 30, 2010.

Exact reported a net loss of ($3.4) million, or ($0.08) a share, for the third quarter of 2010. The company had a net loss of ($1.0) million, or ($0.03) a share, for the same period of 2009. Exact's net loss for the nine-month period ended September 30, 2010, was ($8.0) million, or ($0.21) a share, compared to ($7.3) million, or ($0.23) a share, for the same period of 2009.

Over the past 52-week, the stock had traded within the range of $2.32-$9.24 and is up more than 150% year-to-date. Over the past five trading sessions, the stock went up more than 3%.

F5 Networks, Inc. (NASDAQ:FFIV) went up 14.67% to $117.58 after the Company reported fourth quarter 2010 results. Revenue increased 45% to $254.3 million. GAAP net income for the fourth quarter was $48.2 million ($0.59 per diluted share) compared to $28.4 million ($0.36 per diluted share) in the fourth quarter a year ago.

The stock opened at $111.79 and has a 52-week range of $43.50-$119. In the past one month of trading sessions, the stock went up more than 13%.

Netflix, Inc. (NASDAQ:NFLX) added 0.50% to $178.50 after it made its fresh one-year high of $184.74. Last week, the company reported that its third-quarter profit surged 26% as the online movie rental company’s revenue growth accelerated and margin improved. Net income rose to $38 million, or 70 cents a share, from $30.1 million, or 52 cents a share, in the year-earlier quarter.

Analysts, on average, expected the company to report earnings of 72 cents per share on revenue of $550.95 million.

The stock went up more than 220% year-to-date. At today`s closing market price, the market capitalization of the company stands at $9.33 billion.

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