Sep 11, 2014
Midday Gainers & Losers (9/11/2014)
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).
Auxilium Pharmaceuticals 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.