Diamonds and Dogs
10/7/14
CalAmp Corp. (CAMP)CalAmp is looking electric today, up 21.03% to $19.97. The wireless communication company saw its shares skyrocket after better than expected earnings. For the second quarter CalAmp announced revenue of $59.2 million which was in-line with analysts' estimates. However the company earned $0.21 per shares which was $0.02 better than Wall Street's expectation. Analysts at Macquarie upgraded CalAmp to "outperform" with a $23.00 target.
SodaStream International Ltd. (SODA)
SodaStream lost its fizz today, down 21.94% at $21.52. The home beverage carbonation company saw its shares implode after horrible earnings. For the third quarter SodaStream announced revenue of $125 million, down 13.5% year over year and missed analysts' estimates by $25 million. Management also announced that operating income will be $8.5 million, down 52.8% year over year. Shares of SodaStream fell to a new 52-week low of $21.39 intraday.
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