Auxilium Pharmaceuticals, Inc. NASDAQ: AUXL, Turquoise Hill Resources Ltd NYSE: TRQ and Gogo Inc NASDAQ: GOGO are today's top gainers midday. The losers are E2open Inc NASDAQ: EOPN, dELiA*s, Inc. NASDAQ: DLIA and 21Vianet Group Inc NASDAQ: VNET. sign up for our free newsletter Auxilium Pharmaceuticals Climbs Following Restructuring Announcement Auxilium Pharmaceuticals, Inc. ( AUXL surged +7.9% early in the day today. This week, the company announced restructuring plans, including a 30% reduction of its workforce. Billionaire investor John Paulson initiated a position in the specialty biopharmaceutical company during the first quarter of 2014 with the purchase of four million AUXL shares. Turquoise Hill Resources Ltd ( TRQ - Get Report) climbed +6.8% this Thursday. The stock entered oversold territory last Friday, and this week, the company announced a setback on one of its projects. However, its price is up +10.8% over the past five days. Ray Dalio has a small stake in this one. Taking the third and final spot on today's list of midday gainers is Gogo Inc., up +6.65% after revealing a new partnership with T-Mobile. In George Soros' investment portfolio since the first quarter of the year, Gogo Inc ( GOGO is down -26.34% YTD but has performed +19.98% in the past month. E2open, dELiA*s Dive on Quarterly Data, 21Vianet suffer from fraud allegations E2open Inc ( EOPN reached the middle of the day down -29.66%. Yesterday, the company provided preliminary second-quarter results and adjusted its full-year revenue guidance, apparently leaving investors disappointed. The enterprise software company, a Wilbur Ross investment, is down -54.37% YTD. dELiA*s, Inc. ( DLIA plummeted -28.83% today on the heels of a net revenue decline of 22.4% year-over-year, announced yesterday. The Tiger Global pick had a rough go in 2014, with its price down -62.48% YTD. 21Vianet Group Inc ( VNET - Get Report) fell -17.15% as it continues to suffer the fall-out of fraud allegations, reported yesterday. Trinity Research Group has accused the Chinese internet company of being a Ponzi scheme. sign up for our free newsletter The post Fraud Allegations Dog 21Vianet Group as Share Price Plummets appeared first on ValueWalk. -By iBillionaire
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Stocks
Apple's Surprise Settlement With Qualcomm Still Leaves 5 Lingering Questions
Among the many important details that remain unknown are what Qualcomm's new iPhone royalty rate looks like, and how Qualcomm's battle with the FTC will play out now.
A Primer for the Pinterest Public Offering on Thursday
The company is a total ROI story, but can it share positive returns with IPO investors?
Skechers Shares Crater After Footwear Maker Misses Earnings Estimates
Skechers misses first-quarter earnings and sales estimates, and its second-quarter profit guidance is below forecasts.
Why Jim Cramer Thinks Pinterest's Growth Is 'Extraordinary'
As Pinterest IPO's at $19 per share in its initial public offering. Watch the video to hear what Jim Cramer has to say about the company's growth.