RISERS
Nvidia (NASDAQ:NVDA) jumped 15% to $31.77 after the largest maker of graphics chips used for personal-computer games forecast sales that may exceed analysts’ estimates on demand for its hardware.
ADRs of Youku Tudou (NYSE:YOKU) jumped 7.8% to $26.27. The China-based media company will be bought by Alibaba (NYSE:BABA) in a deal worth $27.60 per American Depositary Share.
Dreamworks (NASDAQ:DWA) climbed 15.6% to $23.43. The animated movie “Home” helped as the family entertainment studio record a better-than-expected third quarter.
FALLERS
Men's Wearhouse (NYSE:MW) plunged 44% 5o $22.37 after the clothing retialer issued a warning that its current quarter earnings will fall considerably below prior estimates, with same-store sales falling up to 25%.
Chipotle Mexican Grill (NYSE:CMG) fell 2.7% to $600/.01 after a number of outlets belonging to the popular burrito chain were closed following food poisoning outbreak in Washington state and Oregon.
News Corp (NASDAQ:NWSA) slid 3.3% to $14.84 after foreign currency headwinds and weakness in print advertising propelled the media company to post a 4% drop in its fiscal first quarter revenue.
Cigna (NYSE:CI) inched down 0.5% to $131.68. The health insurer reported a better-than-expected quarterly profit, driven by higher enrollments in its government plans and favorable medical costs.
However, revenue missed Wall Street expectations.
Humana (NYSE:HUM) decreased 1.1% to $177.13 even as the health insurer posted a better-than-estimated third-quarter profit as it added more members to its individual Medicare Advantage business.
Shake Shack (NYSE:SHAK) fluctuated around $51.09. Operning ew locations prompted the burger chain to beat third-quarter profit estimates and raise its forecast for sales this year.