Afternoon Movers: TBAC, MOVE, LGF, AMRS, XIDE, GLUU

Stocks are set to close lower today as the Greece deal fell apart today. Protests have broken out across the country as Greeks are against any further austerity measures. The Dow is down 123 points, the Nasdaq is down 27 points and the S&P 500 is down 12 points.

Tandy Brands Accessories, Inc. (NASDAQ:TBAC) is up 86.29% today at $1.93. TBAC has traded 646 thousand shares so far today, well above its average volume of 22 thousand shares. TBAC shares are up today after reporting positive second quarter results. EPS came in at $0.39 versus $0.10 a year ago. The company has a market cap of 14.28 million.

Move, Inc. (NASDAQ:MOVE) is up 13.06% in afternoon trading at $8.57. MOVE has traded 1.7 million shares so far today, nearly 10 times its daily average. MOVE shares are up after the company beat analyst estimates on EPS for their fourth quarter. The company has a market cap of 330.71 million.

Lions Gate Entertainment Corporation (NYSE:LGF) is up 6.27% today at $11.19. LGF has traded 2.6 million shares so far today, well above its daily average of 796 thousand shares. LGF shares rise as investors look forward to the benefit of the acquisition of Summit Entertainment. The company has a market cap of 1.49 billion.

Amyris, Inc. (NASDAQ:AMRS) is down 28.78% in late trading at $6.93. AMRS has traded 1 million shares so far today, 5 times its daily average. AMRS shares are dipping today after analysts downgrade the stock. The company has a market cap of 316.14 million.

Exide Technologies (NASDAQ:XIDE) is down 24.81% today at $3.01. XIDE has traded nearly 7 million shares so far today, above its average volume of 1.1 million shares. XIDE shares are down today following the company’s third quarter results. Exide beat on EPS, but missed on revenue. The company has a market cap of 234.37 million.

Glu Mobile Inc. (NASDAQ:GLUU) is down 10.68% today at $4.10. GLUU has traded 2.3 million shares so far today, close to double its daily average. GLUU shares are pulling back a today after the stock rose about $0.80 in the past few days. The company has a market cap of 257.98 million.

Notable Stocks With Earnings This Week: DISH, LDK, PCLN, SZYM, BID

Earnings season continues this week with many notable companies releasing quarterly results. Notable companies releasing earnings include DISH Network Corp. (NASDAQ:DISH), LDK Solar Co., Ltd (NYSE:LDK), Incorporated (NASDAQ:PCLN), Solazyme Inc. (NASDAQ:SZYM) and Sotheby’s (NYSE:BID).

Dish Network Corp. (NASDAQ:DISH) will announce their earnings pre-market Monday and many investors will be watching closely. DISH bought Blockbuster earlier this year and in recent months have announced a new streaming service with Blockbuster. Dish Network is definitely trying to compete with the likes of Netfilx, Inc. (NASDAQ:NFLX) and DIRECTV (NASDAQ:DTV) DISH closed Friday down nearly 1% at $23.48 with over 4 million shares in volume.

LDK Solar Co., Ltd (NYSE:LDK) announces earnings pre-market Monday. LDK has been trading a bit lower recently after hitting an October high of around $4.53. LDK closed Friday up 3.5% at $3.77 with 1.3 million shares in volume. LDK has a current market cap of 533.32 million. LDK Solar is one of First Solar, Inc. (NASDAQ:FSLR) biggest competitors. Incorporated (NASDAQ:PCLN) announces earnings on Monday and analysts expect an EPS of $9.30. This EPS is on the high-end of the company’s guidance. PCLN closed Friday up more than 1% at $513.37. The stock is up about $80 since early October. PCLN has a current market cap of 25.55 billion.

Solazyme Inc. (NASDAQ:SZYM) releases earnings on Monday. SZYM has been in a steady uptrend so far this month, up over $1. The stock closed Friday up $0.63 at $9.91, a gain of 6.79%. SYZM traded less than half its average volume on Friday with 142 thousand shares traded. The stock has a market cap of 591.32 million. Solazyme’s main competitors are Amyris Inc. (NASDAQ:AMRS) and Gevo, Inc. (NASDAQ:GEVO).

Sotheby’s (NYSE:BID) releases earnings on Monday. These earnings will give investors valuable insights into how much consumers are spending at auction houses. This in turn can give people an idea of how the general economy is. While there is no arguing the general economy is not that great, if above-average income earners are spending less at auction houses then it shows that all aspects of the economy have slowed down. BID closed Friday up 0.60% at $35.11. The stock has a current market cap of 2.37 billion.

This week promises to be interesting with many companies reporting earnings. Plus the general uncertainty in Europe will continue to weigh heavily on investors.

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