Updated from 11:17 a.m. EDT
Editor's Note: In this feature from Stockpickr, we highlight lists of stocks that have made new highs or lows or have seen other unusual activity.
( JCG) shares soared $5.21, or 11.65%, closing at $50.08, after reporting booming first-quarter sales that shattered estimates. The apparel maker revealed a 24% gain in revenue, and same-store sales inflated 13%. Friday's daily volume increased 688%. J Crew also boosted full-year guidance.
( CKXE), a New York based entertainment company that holds image rights to Elvis Presley and Muhammad Ali, as well as proprietary rights to the popular TV show
, gained $4.02 to $14.65, or 38%, on Friday, after management proposed a deal offering shareholders $1.33 billion cash and a stake in a new company in exchange for their shares.
Land America Financial Group
( LFG) gained $10.28, or 11%, to $103.22 Friday, after a significant shareholder said the title insurance company's board should consider a sale, according to a regulatory filing with the Securities & Exchange Commission. Viking Global Performance owns 7.9% of the company.
( DDSS) shares' price was nearly cut in half Friday, plummeting 51%, or $3.24, to close at $3.07 after the Food and Drug Administration sent the drug developer a second approvable letter, citing insufficient data on its proposed once-daily formulation of the painkiller tramadol.
: Lapopharm's fall also landed the stock at a 52-week low.
: Industrial-equipment maker
was experiencing unusual option activity Friday, after CEO Herbert L. Henkel reiterated at a conference Thursday that the company was exploring the possible sale or spin-off of its Bobcat, utility equipment and attachments businesses.
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