Monday's Winners & Losers: NeuroMetrix

Verizon(VZ Quote) gained $1.23, or 3.3%, to $38.27 after the company met analysts' estimates for the first quarter and reported strong growth in its wireless and high-speed Internet divisions. Verizon reported adjusted earnings of $1.74 billion, or 61 cents a share, a nickel better than a year ago. Analysts were expecting earnings of 61 cents a share in the quarter. Sales rose 5.5% from a year ago to $23.8 billion and were roughly in line with expectations of $23.85 billion.

Making one of the biggest moves Monday was NeuroMetrix (NURO Quote). Shares of the medical-device company soared more than 70% after the company said that the Food and Drug Administration granted 510(k) clearance in the U.S. to market its ADVANCE System, a device for physicians to test nerve conduction and perform invasive electromyography procedures. Shares of the Waltham, Mass., company were trading up $1.20, to $2.91 on more than 10 times the stock's average trading volume.

GPS-based navigation systems maker Garmin(GRMN Quote) gained $1.67, or 3.6%, to $47.76 ahead of the company's earnings report Wednesday. Analysts are expecting Garmin to report earnings of 75 cents a share on revenue of $712.11 million in the quarter. For the second quarter, it is expected to report EPS of $1.12 on revenue of $1.02 billion.

Old National Bancorp (ONB Quote) shares jumped 8% after the regional bank's first quarter earnings came in 81% over the year-ago period's. Although the net income was down sequentially, investors rewarded the bank for its balance sheet restructuring and staff reductions, sending shares up $1.26 to $17.06.