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Market Movers Today: Immersion Corporation (IMMR), Trade Desk Inc (TTD), Blue Buffalo Pet Products Inc (BUFF), and More

Immersion Corporation (NASDAQ:IMMR) (The Motley Fool)
What happened: Shares of Immersion Corporation (NASDAQ:IMMR) have surged today, up by 13% as of 11:20 a.m. EST, after it reported fourth-quarter earnings last night. The company was able to narrow its net loss compared to a year ago, and guidance for 2018 came in strong. So what: Revenue in the fourth quarter fell 26% year over year to $6.9 million, which predominantly consisted of royalty and license revenue of $6.7 million.

Trade Desk Inc (NASDAQ:TTD) (Benzinga)
Trade Desk Inc jumped 22.6 percent to $59.32 after the company reported stronger-than-expected results for its fourth quarter. The company issued first quarter and FY18 sales guidance ahead of consensus.

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Blue Buffalo Pet Products Inc (NASDAQ:BUFF) (CNBC)
Blue Buffalo – The natural pet products maker agreed to be bought by General Mills for $40 per share in cash, a total of $8 billion. Blue Buffalo had closed at $34.12 on Thursday. General Mills sees the deal closing by the end of its fiscal year in May, and announced it was suspending its buyback program so it can achieve its leverage targets.

Redfin Corp (NASDAQ:RDFN) (MarketWatch)
Shares of Redfin Corporation RDFN, -2.09% slid more than 6% on Friday after the discount brokerage guided its outlook lower and said it would reshuffle some operations in the face of a challenging housing market. Redfin’s fourth-quarter results, announced Thursday, were stronger than expected. The company lost $1.8 million, or 2 cents per share, compared with $5.3 million and $8.08 a share, in the year-ago period. FactSet’s consensus was for a 5 cent-per-share loss. Excluding recently debuted ventures, revenue was up 36% for the year in the quarter.

Hewlett Packard Enterprise Co (NYSE:HPE) (TheStreet)
Hewlett-Packard Enterprise Co. (HPE) surged more than 10% in pre-market trading Friday after the IT services group posted much stronger-than-expected earnings for its fiscal first quarter and issued a robust outlook, including hefty dividends, under new CEO Antonoi Neri. HPE said it expects to see bottom line earnings of between 29 cents and 33 cents a share for the three months ending in March, the company said after the close of trading Thursday, well ahead of the Street consensus of 26 cents. It also unveiled plans to boost its dividend by around 50% later this year as part of a broader plan to return around $7 billion to shareholders by the end of its 2019 fiscal year.

Marin Software Inc (NYSE:MRIN) (Benzinga)
Marin Software Inc shares dipped 18 percent to $7.55. Marin Software reported Q4 adjusted loss of $0.92 per share on sales of $17.7 million. Marin Software expects Q1 adjusted loss of $1.36 to $1.28 per share, on sales of $14.3 million to $14.8 million.

Adamas Pharmaceuticals Inc (NASDAQ:ADMS) (The Motley Fool)
What happened: Shares of Adamas Pharmaceuticals (NASDAQ:ADMS) are down nearly 10% at 11:38 a.m. EST after the company announced fourth-quarter earnings yesterday after the bell. Investors are clearly worried about the launch of its new Parkinson’s disease drug Gocovri. So what: Gocovri was launched in the fourth quarter, but Adamas didn’t start promoting it with sales reps until January, so the rather low $0.6 million in sales that Gocovri posted in the fourth quarter shouldn’t be too surprising.

Planet Fitness Inc (NYSE:PLNT) (CNBC)
Planet Fitness – Planet Fitness edged out consensus estimates by a penny a share, with adjusted quarterly profit of 24 cents per share. The fitness chain also saw revenue come in above forecasts. The company also announced an $80 million increase in its stock buyback program. Planet Fitness expects full-year sales to increase by about 20 percent for 2018 and earnings to grow about 40 percent.

Cinemark Holdings, Inc. (NYSE:CNK) (MarketWatch)
Shares of Cinemark Holdings Inc. CNK, +6.24% surged 5% Friday, after the company blew past profit estimates for the fourth quarter and raised its dividend. Plano, Tx.-based Cinemark said it had net income of $95.1 million, or 82 cents a share, in the quarter, up from $77.0 million, or 66 cents a share, in the year-earlier period. revenue rose to $750.0 million from $700.9 million. The FactSet consensus was for EPS of 48 cents and revenue of $746.0 million. Admissions revenue rose 4.5%, while concession revenues rose 10%.