Market Movers: Fidelity National Information Servcs Inc (NYSE:FIS), Diplomat Pharmacy Inc (NYSE:DPLO), TerraForm Power Inc (NASDAQ:TERP)

On Thursday, Shares of Fidelity National Information Servcs Inc (NYSE:FIS), added 0.20% and closed at $77.05 in the last trading session. The last trading range of the stock ranges between $75.86 and $77.40. Fidelity National Information Services, Inc., a financial services technology company, offers a range of solutions in retail and enterprise banking, payments, capital markets, asset and wealth administration, risk and compliance, treasury, and insurance. It also provides financial consulting and outsourcing services. The company’s Integrated Financial Solutions segment offers various solutions, counting core processing and ancillary applications; digital solutions, such as Internet, mobile, and e-banking; fraud, risk administration, and compliance solutions; electronic funds transfer and network services; card solutions; item processing and output services; government payments solutions; e-payment solutions; and retail solutions to regional and community bank market in North America. Its Global Financial Solutions segment provides banking and payments solutions, and consulting and transformation services to financial institution worldwide, which include retail banking and payments services, securities processing and finance, asset administration, global trading, corporate liquidity, insurance, wealth administration, global commercial services, planned consulting services, and public sector and education.

Diplomat Pharmacy Inc (NYSE:DPLO), jumped 6.83% and closed at $14.86 in the last trading session. The last trading range of the stock ranges between $14.09 and $15.13. The company’s Market capitalization is $1.00 Billion with the total Outstanding Shares of 66.73 million. Glancy Prongay & Murray LLP (“GPM”) declares that it has filed a class action lawsuit in the United States District Court for the Eastern District of Michigan on behalf of a class (the “Class”) consisting of persons and entities that purchased or otherwise attained Diplomat Pharmacy, Inc. (“Diplomat” or the “Company”) (NYSE: DPLO) securities between October 9, 2014 and November 2, 2016, inclusive (the “Class Period”).

Throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operational and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company lacked adequate internal controls over its financial reporting; (2) as a result the Company could not adequately calculate DIR fees; (3) the Company’s hepatitis C segment was not performing as formerly revealed to shareholders; (4) and therefore, the Company had overstated its full-year 2016 guidance; and (5) that, as a result of the foregoing, Defendants’ statements about Diplomat’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

TerraForm Power Inc (NASDAQ:TERP), jumped 6.88% and closed at $12.42 in the last trading session. The last trading range of the stock ranges between $11.63 and $12.92. During the 52-week trading session the minimum price at which share price traded, registered at $6.73 and reached to max level of $14.93. TerraForm Power, Inc. owns and operates solar and wind generation assets serving utility, commercial, and residential customers. As of February 20, 2015, its portfolio consisted of solar and wind projects located in the United States, Canada, the United Kingdom, and Chile with an aggregate nameplate capacity of 1,507.3 megawatt. The company was formerly known as SunEdison Yieldco, Inc. and changed its name to TerraForm Power, Inc. in May 2014. The company was founded in 2014 and is based in Bethesda, Maryland.

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