Shares of Tiffany (NYSE:TIF), OmniVision Technologies (NASDAQ:OVTI), Pandora Media (NYSE:P) and Clearwire (NASDAQ:CLWR) are among the big movers today, with Pandora and Tiffany pushing up and Clearwire and OmniVision going in the opposite direction.
Pandora Media (P) was trading at $13.63, gaining $1.16, or 9.30 percent, as of 11:49 AM EDT. Better-than-expected second-quarter earnings is the catalyst here.
Tiffany (TIF) was trading at $67.53, up $4.42, or 7.00 percent. The catalyst for Tiffany was also strong quarterly results which beat analysts' expectations.
OmniVision Technologies (OVTI) is getting pummeled, plunging to $16.93, down $7.89, or 31.79 percent. Weak guidance for the current quarter is the reason for the huge drop in share price.
Clearwire (CLWR) was trading down at $2.74, losing $0.25, or 8.36 percent. Talks with Blackstone Group about restructuring options appears to be the catalyst with Clearwire
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