Midday movers: Lloyds, SanDisk, OCZ
Stocks leap on encouraging US employment reports and the ECB's bond-buying announcement.
Among the other notable gainers Thursday was SanDisk (SNDK), which gained 8% after Pacific Crest said OCZ Technology's (OCZ) announcement that NAND supplies were very tight would benefit SanDisk.
Also higher were shares of Men's Wearhouse (MW), up over 15% after its quarterly earnings and forward guidance beat consensus.
Among the noteworthy losers was OCZ Technology, down 22% following its guidance cut, and Tangoe (TNGO), down about 13% after being mentioned cautiously for the second time in two weeks as a potential short-sale target.
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Serious issues like drought and the deterioration of the developed world spell opportunity for this industry leader.
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