Penn Virginia Takes George Soros’ Advice, Surges

Penn Virginia

Cyclacel Pharmaceuticals Inc. (NASDAQ:CYCC), Penn Virginia Corporation (NYSE:PVA) and Salesforce.com Inc. (NYSE:CRM) reached midday well in the green this Thursday. LKQ Corporation (NASDAQ:LKQ), WPX Energy Inc. (NYSE:WPX) and Popeyes Louisiana Kitchen Inc. (NASDAQ:PLKI) are in the red.

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Penn Virginia Surges on Sale Exploration News

Cyclacel Pharmaceuticals hit midday up +22.07%, though its price is still down about -77% over the past year. Wilbur Ross has a stake in the company. The stock has declined more than -50% in value within the last year.

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Salesforce.com climbed +11.17% early in the day – the result of its Q4 earnings report, out yesterday. The CRM leader matched analysts’ consensus on both earnings and revenue. Billionaire Ray Dalio has a position in the firm.

LKQ Corporation Tumbles

LKQ Corporation tumbled -12.82% in the wake of its fourth quarter earnings announcement. The company reported a profit of $80.5 million – $0.26 per share – bellow the estimated $0.32. As of his most recent 13F filing, Ray Dalio has a small stake in the Chicago-based firm.

WPX Energy fell -8.04% early in the day this Wednesday. The independent oil and gas operator reported $0.03 per share in Q4 earnings, well above the $0.34 loss recorded a year ago. Nevertheless, it looks as though investors were unimpressed. Leon Cooperman owns 2.88 million WPX shares.

Popeyes Louisiana Kitchen reached midday with a -7.81% loss on the day after hitting a new 52-week high yesterday. Richard Chilton has a position in the company.

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