This week's biggest % winners & losers: May 1 - 5, 17 (wk 18)

The following are this week's top 20 percentage gainers and top 20 percentage losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top 20 % gainers

• Healthcare: MOH (66.43 +33.42%), MYGN (22.38 +21.7%), EXAS (35.43 +18.06%), FOMX (4.93 +17.1%)
• Industrials: ATSG (22.99 +25.01%), KTOS (9.08 +19.16%), HSC (15.55 +19.16%), SPXC (28.29 +17.58%), PBI (15.49 +16.55%)
• Consumer Discretionary: CHGG (11.49 +27.52%), RH (57.15 +19.14%), NYT (16.95 +17.3%)
• Information Technology: ANGI (10.71 +82.14%), FORM (14.25 +28.38%), OLED (111.3 +24.57%), IAC (100.45,  +21.01%), MELI (275.16 +20.2%), FEYE (14.82, +18.47%), FSLR (34.54 +16.89%)
• Telecommunication Services: STRP (161.49 +25.32%)

This week's top 20 % losers

• Healthcare: ITCI (9.35 -32.34%), MEDP (22.98 -27.53%), PBYI (30.7 -24.38%), CERS (3.33 -23.45%), CRIS (1.89 -21.9%), AMAG (19.1 -21.72%), PGNX (6.43 -18.81%), KPTI (8.32 -18.59%)
• Materials: RYI (10 -27.01%)
• Industrials: ARCB (19.75 -25.33%)
• Consumer Discretionary: NCMI (8.67 -27%), PBPB (11.35 -18.64%)
• Information Technology: TWLO (23.97 -27.47%), AMD (10.19 -23.38%)
• Energy: CIE (0.31 -21.89%)
• Consumer Staples: REV (19.3 -25.63%), AVP (3.7 -23.71%)
• Telecommunication Services: NIHD (0.47 -45.26%), FTR (1.46 -22.34%), S 

=Angie's List (ANGI) to be acquired by IAC for over $500 million

• Update September 2017:  The new publicly traded company is called ANGI Homeservices Inc. Shares started trading in early October, 2017.

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• IAC, which owns sites like Match.com, Tinder and The Daily Beast, will merge Angie's List with its own reviews site HomeAdvisor. The newly combined, publicly-traded company will be named ANGI Homeservices and both the Angie's List and HomeAdvisor brands will be retained.
• In late 2015, IAC InterActive offered a $512 million cash buyout to acquire Angie’s List, but that offer was rejected.

    

Angie's List on Monday agreed to be acquired by IAC, the parent company of rival HomeAdvisor, for more than $500 million. The deal comes about a year and a half after Angie's List rejected a $512 million offer from IAC.

The deal, expected to close in the fourth quarter, is the end of an era for Indianapolis' best-known technology company. The new publicly traded company will be called ANGI Homeservices Inc. and will be headquartered in Golden, Colo. HomeAdvisor CEO Chris Terrill will lead the company.

The arrangement raises questions about the future of Angie's List's massive footprint in Indianapolis, as well as how many employees will remain with the combined company. IAC expects to cut $50 million to $75 million a year in costs by the end of 2018.

===Angie's List (ANGI) reported earnings on Tue 1 Nov 2016 (b/o)

Angie's List misses by $0.15, misses on revs :

• Reports Q3 (Sep) GAAP loss of $0.28 per share, $0.15 worse than the Capital IQ Consensus of ($0.13); revenues fell 8.4% year/year to $79.7 mln vs the $82.17 mln Capital IQ Consensus driven by a decline in service provider and membership revenues. Service provider revenue, which includes advertising and e-commerce, was $66.1 million, a decline of 5% compared to a year ago. Service provider revenue was negatively impacted by our technology platform migration, which contributed to lower e-commerce revenue and service provider renewal rates. Membership revenue was $13.7 million, down 20% from $17.2 million in the year-ago quarter, due to decreases in paid membership renewal and conversion rates associated with the removal of our ratings and reviews paywall in June, which drove quarter over quarter declines in both gross paid memberships added and total paid memberships.
• "Since removing the reviews paywall, we've had great success attracting new members," said Scott Durchslag, President and Chief Executive Officer of Angie's List. "We've added nearly two million members since June and now have 4.5 million members nationwide. These record-setting new member additions are up five-fold year over year, with a near tripling in new members viewing service provider profiles and new members searching Angie's List. At the same time, our brand is getting even stronger, reaching record-setting levels of aided brand awareness of 97% and unaided brand awareness of 61%." "Service provider metrics were also strong as we added nearly 1,400 net new service providers in the quarter and grew new service provider contract value, or what we call 'originations bookings,' both sequentially and year over year. Overall, we are making good progress on the plan that we announced in March and leading indicators of future results are improving nicely." "That said, our revenue and adjusted EBITDA1 are down year over year so our financial results are lagging the leading indicators in our operating metrics, as often happens when changing business models. While we've previously implemented changes in our cost structure to align it with our new business model, including $10 million in operating expense reductions, we are now able to execute an additional $15 million to $20 million of annualized cost efficiencies and reductions in the fourth quarter that will benefit 2017 and beyond."

=Angie's List (ANGI) reported earnings on Wed 27 Jul 2016 (b/o)

Angie's List beats by $0.12, misses on revs :

• Reports Q2 (Jun) earnings of $0.08 per share, $0.12 better than the Capital IQ Consensus of ($0.04); revenues fell 4.9% year/year to $83.06 mln vs the $86.2 mln Capital IQ Consensus.
• Comparison of last week's results to the same period in 2015 show:
  • New member signups increased 411%
  • Unique new member visits increased 219%
  • Unique new members searching Angie's List increased 197%
  • Unique new members viewing profiles increased 182%
• Total memberships were 3,300,152 vs. 3,172,066 a year ago