Today’s midday gainers are Boyd Gaming Corporation (NYSE:BOYD), J.C. Penney Company, Inc. (NYSE:JCP) and Zulily Inc (NASDAQ:ZU). Down are Myriad Genetics, Inc. (NASDAQ:MYGN), Post Holdings Inc (NYSE:POST) and Ruckus Wireless Inc (NYSE:RKUS).
Boyd Gaming Surges on Elliott Associates News
Up +18.39%, Boyd Gaming Corporation (NYSE:BYD) is this Tuesday’s top midday gainer. The jump comes after Elliott Associates confirmed that it has a 5% stake in the company. David Tepper has a 787,000-share stake in Boyd Gaming.
Also having a solid day is J.C. Penney Company, Inc. (NYSE:JCP), the price of which surged +9.06% midday today and is up +24.86% this month. Citigroup has raised its recommendation for JCP shares to buy from neutral. George Soros has a position in the retail giant.
Zulily Inc (NASDAQ:ZU)’s share price increased +7.59%, taking the third spot on today’s list of midday gainers. The Tiger Global pick continues its impressive post-earnings rally and is up +49.85% since reporting results on February 24th.
Myriad Loses Ambry Genetics Battle, Takes a Dive
Myriad Genetics, Inc. (NASDAQ:MYGN) dipped -9.48% today. Also a Tiger Global pick, the molecular diagnostics company has lost a hard-fought battle to block Ambry Genetics from selling a similar version of its cancer test.
Last on our losers list for midday today is Ruckus Wireless Inc (NYSE:RKUS). Shares of the Wi-Fi solutions provider are down -6.48%. The company struck a deal with Deep Blue Communications and had its rating upgraded yesterday, but investors apparently remain wary.