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April 16, 2012, 2:34 p.m. EDT

Monday’s biggest gaining and declining stocks

Dreams, Endocyte, Vringo, Mattel, Pendrell

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By MarketWatch

CHICAGO (MarketWatch) — Shares of the following companies were making notable moves in Monday’s U.S. market session.

Advancers

Shares of Dreams Inc.  rallied 31% after the retailer agreed to be acquired for $3.45 a share in cash by Fanatics Inc., an online seller of licensed sports products. See full story.

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Shares of Endocyte Inc.  more than doubled after Merck & Co. /zigman2/quotes/209956077/composite MRK +0.74%  said it would make a $120 million upfront payment to the company, with additional payouts of up to $880 million, to develop and market an experimental cancer drug.

Shares of Vringo Inc.  jumped 45% on news that investor and Dallas Mavericks owner Mark Cuban has taken a 7.4% stake in the video-ringtone company.

Stratasys Inc. /zigman2/quotes/207628786/composite SSYS +12.73%  shares were up 20% after the 3D printing and direct digital manufacturing company said it forged a $1.4 billion all-stock deal with Objet Ltd. The combined company will keep the Stratasys name. Stratasys also issued a first-quarter forecast that exceeded most analyst forecasts.

Life-sciences firm Sequenom Inc.  saw its shares rise 8.5% after an upbeat sales report for the first quarter.

Merit Medical Systems Inc. /zigman2/quotes/209183774/composite MMSI +3.03%  shares were up 5% after Raymond James raised its rating on the stock to strong buy from outperform.

Decliners

Shares of Mattel Inc. /zigman2/quotes/209819189/composite MAT +2.02%  fell 9% after the toy company reported a steep drop in first-quarter profit and lower sales.

Shares of Pendrell Corp.  slumped 45% after the California state appeals court overturned a 2008 ruling against Boeing Co. /zigman2/quotes/208579720/composite BA +6.45%  that had awarded a Pendrell subsidiary $603 million.

Shares of Baxter International /zigman2/quotes/207334572/composite BAX +0.88%  and Halozyme Therapeutics Inc. /zigman2/quotes/206136067/composite HALO +6.64%  both fell after the two received a Food and Drug Administration request for more information about long-term use of HyQ, an investigational treatment for immune system disorders. Baxter fell 7% while Halo spiraled down 23%.

Gannett Co. /zigman2/quotes/202050177/composite GCI +2.27%  fell 7% after the media firm said that its first-quarter profit slipped by 25%, hurt by restructuring costs and a continuing slump in advertising revenue.

/zigman2/quotes/209956077/composite
US : U.S.: NYSE
$ 93.00
+0.68 +0.74%
Volume: 17.58M
May 17, 2022 4:03p
P/E Ratio
16.64
Dividend Yield
2.97%
Market Cap
$233.46 billion
Rev. per Employee
$799,500
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/zigman2/quotes/207628786/composite
US : U.S.: Nasdaq
$ 19.30
+2.18 +12.73%
Volume: 1.83M
May 17, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$1.12 billion
Rev. per Employee
$297,354
loading...
/zigman2/quotes/209183774/composite
US : U.S.: Nasdaq
$ 62.24
+1.83 +3.03%
Volume: 256,606
May 17, 2022 4:00p
P/E Ratio
74.56
Dividend Yield
N/A
Market Cap
$3.42 billion
Rev. per Employee
$171,522
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/zigman2/quotes/209819189/composite
US : U.S.: Nasdaq
$ 26.22
+0.52 +2.02%
Volume: 3.03M
May 17, 2022 4:00p
P/E Ratio
8.98
Dividend Yield
N/A
Market Cap
$9.06 billion
Rev. per Employee
$154,955
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/zigman2/quotes/208579720/composite
US : U.S.: NYSE
$ 132.05
+8.00 +6.45%
Volume: 12.15M
May 17, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$73.39 billion
Rev. per Employee
$430,000
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/zigman2/quotes/207334572/composite
US : U.S.: NYSE
$ 74.34
+0.65 +0.88%
Volume: 1.98M
May 17, 2022 4:00p
P/E Ratio
35.68
Dividend Yield
1.56%
Market Cap
$37.11 billion
Rev. per Employee
$225,750
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/zigman2/quotes/206136067/composite
US : U.S.: Nasdaq
$ 44.46
+2.77 +6.64%
Volume: 1.52M
May 17, 2022 4:00p
P/E Ratio
14.90
Dividend Yield
N/A
Market Cap
$5.74 billion
Rev. per Employee
$3.25M
loading...
/zigman2/quotes/202050177/composite
US : U.S.: NYSE
$ 4.05
+0.09 +2.27%
Volume: 1.10M
May 17, 2022 4:00p
P/E Ratio
465.52
Dividend Yield
0.00%
Market Cap
$580.50 million
Rev. per Employee
$230,368
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