Stock Market News, November 11 – ARC Group Worldwide, Gogo Inc. Among Biggest Movers

Stock Market News, November 11 - ARC Group Worldwide, Gogo Inc. Among Biggest MoversARC Group Worldwide Inc. (NASDAQ:ARCW) was most prominent on yesterday’s list of big moving stocks, as the company is now trading at $28.39 + 7.15 (33.66 percent) on 93,135 shares traded. ARC Group, which was once known as ARC Wireless Solutions Inc., is trading at +370.03 percent year-to-date and +230.17 percent year-over-year. The company is a diversified manufacturing holding company that operates in several states and countries.

Gogo Inc. (NASDAQ:GOGO) was second among yesterday’s most prominent-moving stocks, as its stock is now at $24.04 + 5.29 28.21 percent) on 5,667,853 shares traded. Gogo Inc. is in the business of providing connectivity solutions and other related services, such as Passenger Connectivity, Passenger Entertainment and In-Flight Portal.

Gogo was followed by two medical companies – ViroPharma Incorporated (NASDAQ:VPHM) and Northwest Biotherapeutics Inc. (NASDAQ:NWBO) – as third and fourth biggest moving stocks at the close of yesterday’s trading. ViroPharma, which develops and commercializes products for serious ailments, is trading at $49.41 + 10.03 (25.47 percent) on 66,615,837 shares traded. The company is trading at +117.09 percent since January 2013 and +102.87 percent compared to last year’s share prices.

Northwest Biotherapeutics, on the other hand, is trading at $4.32 +0.82 (23.43 percent) on 4,931,658 shares traded. The development stage biotechnology company is trading at +38.48 percent year-to-date, but -20.89 percent year-over-year.

YRC Worldwide Inc. (NASDAQ:YRCW) was another significant mover at the close of yesterday’s trading, as the company is now at $10.56 + 1.58 (17.59 percent) on a total of 1,492,872 shares traded. YRC Worldwide, which provides less-than-truckload carrier services in North America, is +56.44 percent year-to-date and +55.54 percent since November 2012. At sixth place behind YRC was Rocket Fuel Inc. (NASDAQ:FUEL), a provider of an automated platform for advertisement buying; the company is trading at $44.50 + 6.64 (17.54 percent) on 1,534,248 shares traded.

Development stage company Global Eagle Entertainment Inc. (NASDAQ:ENT) is trading at $11.89 + 1.77 (17.49 percent) on a total of 1,077,447 shares traded. The company, which is seventh among yesterday’s big moving stocks, is +19.26 percent compared to January 2013’s share prices, and +18.61 percent over the most recent 12 months.

At eighth place was Gulf Resources Inc. (NASDAQ:GURE), which is trading at $2.49 + 0.3649 (17.17 percent) on 1,308,836 shares traded. Gulf Resources is trading at +114.65 percent year-over-year and +82.09 percent over the most recent 12 months. The company is a manufacturer and trader of bromine and crude salt.

Rounding up yesterday’s list of big moving stocks were QKL Stores Inc. (NASDAQ:QKLS) and Arkansas Best Corp. (NASDAQ:AFBS). QKL Stores, which is a regional supermarket chain that operates in northeastern China and Inner Mongolia, is trading at $4.89 + 0.6899 (16.43 percent) on 2,440 shares traded. QKL Stores is -6.75 percent year-to-date and -4.69 percent since last year.

Lastly, holding company and freight transportation provider Arkansas Best is trading at $30.73 + 4.03 (15.09 percent) on 1,979,288 shares traded. The company is trading at +221.78 percent year-to-date and +322.50 percent over the last 12 months, both very significant increases.