Earnings Report Sends Infinera Soaring

Infinera Corporation (NASDAQ:INFN), Eagle Pharmaceuticals Inc. (NASDAQ:EGRX) and E2open Inc. (NASDAQ:EOPN) reached market close well in the green this Friday. Alamos Gold Inc. (NYSE:AGI), Walter Energy Inc. (NYSE:WLT) and Altisource Portfolio Solutions (NASDAQ:ASPS), on the other hand, ended the day in the red.

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CannabisA lot changes in 10 years, and many changes are expected by the time 2030 rolls around. Some key themes have already emerged, and we expect them to continue to impact investing decisions. At the recent Morningstar conference, several panelists joined a discussion about several major themes for the next decade, including cannabis, 5G and Read More

Infinera Corporation Soars

Infinera Corporation soared +17.99% today after delivering a strong fourth quarter earnings report. It reached market close priced at $16.00, just $0.50 from its 52-week high of $17.49. Billionaire investor George Soros picked up a stake in the firm in the second quarter of last year.


Farallon Capital holding Eagle Pharmaceuticals gained +15.37% this Friday, bringing its one-month performance to +40.67%. Yesterday, analysts at Cantor Fitzgerald restated their buy rating on the stock.

E2open ended the day up +12.94% and has climbed +24.5% this week. Wilbur Ross picked up a stake in the enterprise software company in 2012 and is one of the shareholders benefiting from the firm’s recently announced shareholder rights plan.

Alamos Gold Tumbles

Alamos Gold tumbled -14.20% this Friday after reporting Q4 production and outlining its 2015 guidance. Alamos is one of billionaire Ray Dalio’s Bridgewater Associates’ gold investments.

Walter Energy dipped -13.27%, putting its five-day loss at -27.45%. According to his most recent regulatory filing, the coal company was one of Brazilian billionaire Jorge Lemann’s new third quarter buys.

Altisource Portfolio Solutions ended the day with a -10.77% loss and has fallen -70.32% in the past three months. Leon Cooperman has put the firm in the headlines lately after giving a tough talk to company management, asking higher-ups “whether your testicles are bigger than your brains or your brains are bigger than your testicles.”