Why These 5 Stocks are Pushing the Market Up on Thursday

Glu Mobile Inc. (NASDAQ:GLUU) shares have advanced by 27% today after the company beat earnings and revenue estimates. For the fourth quarter, Glu Mobile reported EPS of $0.02 per share, down from $0.11 for the fourth quarter of 2014, on revenue of $57.9 million, down from $76.2 million a year earlier. Nonetheless, those weakened results exceeded earnings estimates by $0.05 per share and revenue expectations by $7.44 million. The company also announced the possibility of repurchasing up to $50 million of the company’s common stock. Joel Ramin‘s 12 West Capital Management disclosed ownership of more than 3.74 million shares of Glu Mobile in its latest 13F filing.

Last on our list is Teradata Corporation (NYSE:TDC), whose stock has gained almost 9% after the company reported fourth quarter EPS of $0.70 on revenue of $719 million. Although the company’s revenue exceeded expectations by $17.79 million, Teradata Corporation (NYSE:TDC) EPS was only in-line with estimates. Management also provided first quarter guidance, predicting non-GAAP revenue to be in the range of $46.0 million and $48.0 million along with an EPS loss of $0.05 to $0.06 per weighted-average basic share outstanding.

During the third quarter, Teradata Corporation (NYSE:TDC) witnessed a sizable decrease in popularity among the funds that we track, as 22 investors held long positions at the end of September, versus 30 funds at the end of June. First Eagle Investment Management was the largest shareholder of Teradata in our database, with 17.14 million shares valued at $496.5 million at the end of September.

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