The following video is from Wednesday's Investor Beat, in which host Chris Hill and Motley Fool analysts Matt Argersinger and David Meier dissect the hardest-hitting investing stories of the day.

Ciena Corp. (CIEN -0.34%) pops big after beating across the board on third-quarter results. Dollar General (DG 0.40%) hits a new all-time high on second-quarter earnings news. J.C. Penney (JCPN.Q) moves upward as two hedge funds combine to buy more than 14% of the company. And Francesca's Holdings (FRAN) fell hard on earnings news to their lowest point in two years. In this segment of Investor Beat, Matt and David take a look at four stocks making moves today.