Solazyme Soars On New Agreement (AZO, NFLX, DRIV, SZYM, EMLB)

AutoZone, Inc. (NYSE:AZO) shares gained 1.70% to $385.16 in the morning hour. The 52 week trading range for the company is $266.25 - $386.00. The company was today was upgraded at Goldman Sachs from Neutral to Buy at a $435 price target, citing higher commercial demand and strong operating leverage.
Netflix, Inc. (NASDAQ:NFLX) shares continued to trade lower and fell 2.98% to $110.57 in the early hour after analyst at Barclays Capital downgraded the stock to equal weight from overweight and maintained its price target of $115, citing competition from the likes of Amazon, Comcast and Dish at a time of increased content costs. . The company will post its first-quarter 2012 financial results and business outlook on its investor relations website on Monday, April 23, 2012, at approximately 1:05 p.m. Pacific Time. The 52 week trading range for the company is $62.37 - $304.79.
Digital River, Inc. (NASDAQ:DRIV) stock declined 0.69% to $18.67 in the early hour. The 52 week trading range for the company is $13.53 - $38.83. Investor George Soros disclosed in an SEC filing that he has taken a passive 7.98% stake in Digital River last week. Digital River provides end-to-end global cloud-commerce and marketing solutions to a range of companies in software, consumer electronics, computer games, video games and other markets.
Solazyme Inc (NASDAQ:SZYM) shares surged 10.58% to $15.82 in the morning hour after Solazyme Inc and Bunge Global Innovation LLC (Bunge), announced that they and other Bunge subsidiaries have signed agreements to build, own and operate a commercial-scale renewable tailored oils production facility adjacent to Bunge’s Moema sugarcane mill in Brazil.iPath Long Enhanced MSCI Emerging Markets Index ETN (NYSEARCA:EMLB) plunged 26.56% to $102 in the morning hour. The 52 week trading range for the company is $56.74 - $138.88. The company has gained over 50% from its 52 week low price.