Enzymotec Plunges Midday on Unimpressive Q1 Results

Enzymotec Plunges Midday on Unimpressive Q1 Results

Today’s top gainers at midday are ExOne Co (NASDAQ:XONE), Criteo SA (ADR) (NASDAQ:CRTO) and Zulily Inc (NASDAQ:ZU). The losers are Enzymotec Ltd (NASDAQ:ENZY), Take-Two Interactive Software, Inc. (NASDAQ:TTWO) and URS Corp (NYSE:URS).

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ExOne Jumps Ahead of Results Release

The share price of 3D printer manufacturer ExOne Co (NASDAQ:XONE) jumped +15.68% midday today, ahead of tomorrow’s results release. Investors seem more upbeat about the company’s prospects, though its price is still down -47.65% YTD. Daniel Loeb, David Einhorn and Boone Pickens all have stakes in XONE.

This Long/ Short Equity Firm Sees A Time-Arbitrage Opportunity In This Pest Control Merger

PestYost Partners was up 0.8% for the first quarter, while the Yost Focused Long Funds lost 5% net. The firm's benchmark, the MSCI World Index, declined by 5.2%. The funds' returns outperformed their benchmark due to their tilt toward value, high exposures to energy and financials and a bias toward quality. In his first-quarter letter Read More

Up +12.23% is Criteo SA (ADR) (NASDAQ:CRTO), which seems to be recovering from its post-results dive. CRTO is a Tiger Global asset.

Another Tiger pick, Zulily Inc (NASDAQ:ZU), rounds out today’s list of gainers. Its price increased +7.88%, coming back from last week’s major drop. Its price is still down -16.73% this year.

Enzymotec Dives

John Paulson holding Enzymotec Ltd (NASDAQ:ENZY) is the biggest loser midday today. Its stock price plunged -27.66% – a clear sign that its Q1 results have not been received well by investors.

Two David Einhorn picks – URS Corp (NYSE:URS) and Take-Two Interactive Software, Inc. (NASDAQ:TTWO) – also had a tough start to the day. Both fell -7.76% after posting losses on their respective results releases.

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