Midday Movers: Chart Industries Inc. (GTLS), Ambac (AMBC), ConforMIS (CFMS), Twitter, Inc. (TWTR)

Shares of Chart Industries Inc. (GTLS) are higher by 7.33% to $36.51 in midday trading on Thursday on news the company will replace iGATE Corp. (IGTE) in the S&P SmallCap 600 after the close of trading on Monday, July 6.

Ambac Financial Group, Inc. (AMBC) shares surged 11.00% to $17.66 in midday trading after the company confirmed that all July 1, 2015 payments due on its insured Puerto Rico bonds have been paid in full by the relevant issuer.

Shares of ConforMIS Inc (CFMS) are rallying, up nearly 7 percent on Thursday midday trading. The catalyst for the increase is favorable commentary on Wednesday’s Mad Money.

ConforMIS, which celebrated its IPO Wednesday, with shares rallying over 28%, is a medical device maker that focuses on manufacturing knee replacement implants using the latest in 3-D scanning and printing technologies to produce custom devices that fit patients perfectly. Cramer said ConforMIS uses the kind of disruptive technology and innovation that makes America great.

Shares of Twitter, Inc. (TWTR) are bouncing back from a drop earlier in the session following a Re/code article that suggests Facebook (FB) may be once again considering a Twitter acquisition.

TWTR shares recently gained $0.19 to $35.59. The stock is down more than 15% year-over-year and has lost 1.31% year-to-date. In the past 52 weeks, shares of San Francisco, California-based company have traded between a low of $33.51 and a high of $55.99.

Twitter, Inc. closed Wednesday at $35.40. The name has a current market cap of $23.90 billion.

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.