Home Technology Enphase Energy Takes a Temporary Tumble

Enphase Energy Takes a Temporary Tumble

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Criteo SA (ADR) (NASDAQ:CRTO), Uranium Energy Corp. (NYSEMKT:UEC) and Cal Dive International, Inc. (OTCMKTS:CDVI) are making major climbs on the market this Wednesday. Taking tumbles are Zagg Inc (NASDAQ:ZAGG), Enphase Energy Inc (NASDAQ:ENPH) and Zulily Inc (NASDAQ:ZU).

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Criteo Continues to Climb

The share price of Criteo SA (ADR) (NASDAQ:CRTO) climbed +18.43% early in the day, getting a boost off of its Q3 results and raised guidance. The tech company, which went public just a year ago, has gained +18.11% in the past three months. It has been in the Tiger Global portfolio since Q4 2013.


New Q2 George Soros acquisition Uranium Energy Corp. (NYSEMKT:UEC) surged +17.42%, putting its five-day gain at +16.22%. The exploration-stage company is still down -35.5% year-to-date.

Cal Dive International, Inc. (OTCMKTS:CDVI) jumped +13.64% today, though it’s still trading close to its 52-week low of $0.08. The Soros holding has had a tough go in recent weeks, with its price falling -88.44% over the past month.

Zulily Dives Despite Earnings Beat

Zagg Inc (NASDAQ:ZAGG) plunged -26.44% after lowering its earnings guidance and posting losses for Q3. A company that designs, manufactures and distributes accessories and power solutions for consumer electric and hand-held devices, Zagg is a new Q2 acquisition for George Soros. Despite today’s dip, it has still gained +16.78% YTD.

The price of Enphase Energy Inc (NASDAQ:ENPH) tumbled -22.05% today – the result of lowered expectations for growth margins in the quarter ahead. The company does, however, expect revenue to beat analysts’ estimates. The solar power solutions firm, a long-time Dan Loeb holding, is still up +46.91% over the past year.

Zulily Inc (NASDAQ:ZU) took a -19.2% dive early in the day despite beating analysts’ expectations in its earnings report. The Tiger Global pick hasn’t had the best of years, as its price has declined -30.68% in 2014.


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