The Very Recent Surprises and Disappointments on Wall Street – Ply Gem Holdings Inc. (NYSE: PGEM), Biocryst Pharmaceuticals Inc. (NASDAQ: BCRX), Post Holdings Inc. (NYSE: POST), Emulex Corporation (NYSE: ELX) and Sotheby’s (NYSE: BID)

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By Stefan Larson on August 11, 2014 BioPharma

According to Wall Street analyses, the companies that have succeeded in topping the charts midday on the 8^th of August, 2014 are Ply Gem Holdings Inc. (NYSE: PGEM), Neuralstem Inc. (NYSEMKT: CUR) and Biocryst Pharmaceuticals Inc. (NASDAQ: BCRX). On the other hand, those that proved to be a bit of a disappointment include Post Holdings Inc. (NYSE: POST), Emulex Corporation (NYSE: ELX) and Sotheby’s (NYSE: BID).

To elaborate it a bit:

- Ply Gem Holdings Inc. (NYSE: PGEM), the company that is known for fabricating products required in building exteriors, declared its results for the second quarter of this year. The company seems to have, consequentially, reached +18.4% midday high. In addition to that, they have also revealed that their net sales have ascended 11.2% and have now reached $409.2 million with earnings for each share being $0.17. David Tepper joined Ply Gem Holdings Inc. (NYSE: PGEM) later in the past year and announced shares as high as 423,000 as early as the first quarter of 2014.

- Biocryst Pharmaceuticals Inc. (NASDAQ: BCRX) achieved a 9.22% elevation earlier yesterday. Company coverage was set going by JPMorgan and consequently, a hefty rating and target price of $20 was given to Biocryst Pharmaceuticals Inc. (NASDAQ: BCRX). With George Soros and his new Q1 buy, Biocryst Pharmaceuticals Inc. (NASDAQ: BCRX) has +87.57% gain year-to-date.

- Neuralstem Inc. (NYSEMKT: CUR), another high achiever, has had a +8.58% climb. The company specializes in research regarding the field of medicine and has declared its financial position today along with an update on their clinical as well as business tactics. Neuralstem Inc. (NYSEMKT: CUR) is a Q1 Soros possession as well and has now reached a +14.09% high year-to-date.

- Post Holdings Inc. (NYSE: POST), the popular cereal manufacturers, saw a bad day after they had a descent of -17.91% which consequently generalized the entire financial year to be unsatisfactory for them, including the loss faced in the last quarter. Rumors have been confirmed that Post Holdings Inc. (NYSE: POST) is taking hold of American Blanching Company, who is known for making peanut butter. Apparently, this is not much incentive for investors who now seem less inclined towards Post Holdings Inc. (NYSE: POST). The pick by Julian Robertson has had a fall of -25.9% in the present year.

-After their results for the first half of this fiscal year were revealed, Sotheby’s (NYSE: BID) seems to have taken a -9.17% fall. The proxy battle that the company had with Dan Loeb cost them $24.3 million, thanks to which Sotheby’s (NYSE: BID) has now had a drop -30.49% year-to-date.

-Lastly, Emulex Corporation (NYSE: ELX), the company that manufactures parts of storage equipment, had a -7.1% midday descent on the 8^th of August, 2014, following the little upward climb they had after the results of the day before had been revealed. According to George Soros’ investment portfolio, Emulex Corporation (NYSE: ELX) has ascended +5.94% during the previous three months even though their price is still a saddening -27.79% year-to-date.