NEW YORK (TheStreet) -- A day after TeleCommunications Systems (TSYS) announced the formation of a special committee to increase stockholder value, the market responded with applause.

Vimicro International (VIMC) , which provides semiconductor chips for computers and mobile phones, also gained. Apple (AAPL) - Get Report received discouraging news about its watch sales. 

This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.

TheStreet Recommends