Vitamin Shoppe (NYSE:VSI) jumped over 5 percent today heavier than normal volume after the vitamin retailer shares were upgraded by Morgan Stanley. Morgan Stanley upgraded VSI to an overweight with a price target of $49 today. Naturally, investors jumped all over that upgrade and started buying shares of Vitamin Shopped like they were going out of style. Vitamin Shoppe (NYSE:VSI) is currently up $2.03 to $42.98, so there’s still plenty of time to jump on the bandwagon.
Vitamin Shoppe (NYSE:VSI) has a consensus rating of Buy with an average price target of $49.32. VSI has a market capitalization of $1.29 billion.
Taminco Corp (NYSE:TAM) rose more than 11 percent in the current trading session after Eastman Chemical announced it would buy Taminco Corp (NYSE:TAM) for $1.8 billion. That was a nice premium to the current value of the company, so that kind of gain is to be expected. TAM shares are trading in the range of $23.74 to $26.80 today. The 52-week range of the stock is $16.29 to $26.80 hit today. The company has a market capitalization of $1.58 billion.
Vail Resorts Inc (NYSE:MTN) is surging over 10% today after it reported that it is buying Utah based Park City Mountain Resort for the princely sum of $183 Million. While that is all sunshine and lollipops, the big story here is that the purchase will end years of legal dispute between the two companies. Less money to those pesky lawyers, means more money for shareholders. Shares of Vail Resorts Inc (NYSE:MTN) are up $7.64 to 84.41 today with just 500,000 shares trading hands. The company has a market capitalization of $3.05 billion.
Jumei International Holding Ltd. (NYSE:JMEI) is up 5% today trading at 27.08, up $1.26 so far today. It’s really not clear why the online retailer of beauty products is up 5% today, as there has been no news from the company. Shares of JMEI are trading in the range of $25.00 to $27.40 today. The chinese company has a market capitalization of $3.86 billion. Clearly something is going on with JMEI but we’ll have to wait and see what comes up on the newswires.
Nautilus, Inc (NYSE:NLS) was up a healthy 5% today as well, reaching an intraday high of $13.31, before settling back down. It’s currently at $12.85 up 57 cents, or 4.64%. There is no news on the consumer fitness products maker, so it’s not clear why the company is trading up 5% on much higher than average volume. It’s also not clear to me which gym from the 80’s is still buying those Nautilus fitness machines? But clearly there are gyms buying those machines as the company is profitable and trading at a PE of 23 times earnings. The company has a market cap of $382 Million.
The intra-day range of the NLS is $12.23 to $13.31.