LinkedIn Corp. (NYSE:LNKD) shares jumped 3 percent after JPMorgan Chase & Co. added the business networking site to its U.S. Equity Analyst Focus List, citing the company’s recently lowered outlook reflects issues that are short-term and fixable.

Analysts at RBC Capital reiterated the firm’s Buy rating on the stock, with a 12-month price target of $275.

LinkedIn’s shares gained 3.4 percent to $211.81 in morning trading. 

linkedin Shares of LinkedIn Corp. jumped 3 percent in morning trading Wednesday. Photo: Google Finance

Synchronoss Technologies

Shares of Synchronoss Technologies, Inc. (NASDAQ:SNCR) soared 17 percent Wednesday following a report the wireless-software company is exploring a sale, valued at more than $2 billion, the Wall Street Journal reported. The tech company is working with investment bank Qatalyst Partners on the deal, and has already "drawn interest from a number of private-equity firms," the report said.

Synchronoss shares leaped 17 percent to $49.84 in morning trading.

Synchronoss Shares of Synchronoss Technologies, Inc. soared 17 percent Wednesday. Photo: Google Finance

Vera Bradley

Vera Bradley Inc. (NASDAQ:VRA) tumbled nearly 11 percent after the handbag retailer cut its outlook for the year after posting a quarterly loss.  

The company posted a net loss of $4.1 million, or 10 cents per share, on revenue of $101.1 million, compared with a profit of $6.9 million, or 17 cents per share, on sales of $112.2 million during the same period a year earlier.

The first quarter’s results included an after-tax charge of $4.2 million.

Vera Bradley’s stock, which has already lost around 34 percent so far this year, plunged 10.7 percent to $12.62.

vera2 Vera Bradley Inc. shares tumbled nearly 11 percent. Photo: Google Finance


Shares of Wendy’s Co. (NASDAQ:WEN) jumped 4.5 percent to $11.60 ahead of the opening bell a day after the restaurant company announced a $1.4 billion buyback and the completion of the sale of its bakery operations.

Wendy’s stock had gained 26 percent in 2015. 

wendy's Shares of Wendy's Co. have rallied 26 percent in 2015. Photo: Yahoo Finance