Shares of Infoblox (Nasdaq: BLOX) surged after the networking company posted earnings that surpassed expectations.
Semtech (Nasdaq: SMTC) posted solid 3rd quarter profits as the semiconductor company raised its 4th quarter outlook.
Shares of Pandora Media (NYSE: P) rose ahead of its earnings announcement next week. The stock has recently rebounded from 52-week lows.
On the downside
Tiffany's (NYSE: TIF) posted higher sales of 4% versus year-ago levels, but the announcement missed expectations.
Shares of Hi-Tech Pharmacal (Nasdaq: HITK) fell ahead of next week's earnings announcement and ongoing probes of fraudulent billing.
Furniture maker La-Z-Boy (NYSE: LZB) posted higher revenues along with a slight drop in earnings due to higher marketing and store remodeling costs.
In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and on Nasdaq. The Russell 2000 which tracks small cap stocks rose 7 points to 821.