It was a rough week on Wall Street, with the market moving lower, but there were plenty of individual stocks still pushing higher. Let's take a closer look at five of this past week's biggest scorchers.


July 18

Weekly Gain

Kandi Technologies (NASDAQ:KNDI)



NQ Mobile (NYSE: NQ)



Glu Mobile (NASDAQ:GLUU)



Skyworks Solutions (NASDAQ:SWKS)






Source: Barron's.

Let's start with Kandi Technologies. The Chinese maker of electric vehicles saw its value appreciate by nearly a third after announcing encouraging sales of its small electric cars in China. Kandi announced that its joint venture with Geely was able to sell 4,114 all-electric vehicles in its latest quarter, a healthy sequential gain from the 1,215 cars it cleared three months earlier. There's a cloud over Kandi until it squares away its SEC investigation, but the fundamentals continue to improve. 

NQ Mobile was another Chinese company showing grace under fire last week. Shares of the provider of Internet services initially took a hit after announcing that it was replacing its auditor. This is, after all, the auditor that requested to expand the scope of its fiscal 2013 audit in light of doubts raised by noted worrywart Muddy Waters. However, replacing PricewaterhouseCoopers with Marcum Bernstein Pinchuk was eventually applauded in a sentiment reversal late on Friday.

Glu Mobile continues its monster run since its Kim Kardashian: Hollywood game has raced up the mobile apps charts. Glu enters rare territory after posting four consecutive weeks of double-digit percentage gains with weekly pops of 19%, 13%, 14%, and now 13%.  

It's not just the Kardashian game that's helping keep Glu sticky. The casual-gaming publisher announced on Wednesday that it had achieved records for single-day revenue, download, and daily active users recently, and a big reason for that is the success that Dino Hunter: Deadly Shores has had after being downloaded 1.5 million times -- a Glu record -- in a single day.

Skyworks Solutions moved higher after posting strong results for its fiscal third quarter. The company behind analog semiconductor components that are found in many consumer gadgets, including the popular iPhone, saw revenue climb by a better-than-expected 35%. Adjusted profitability also topped analyst forecasts of $0.80 a share, soaring 54% to $0.83 a share. Skyworks Solutions' guidance was also encouraging.

Finally we have Fred's moving higher after sources told Reuters that the discount retailer is in talks to be acquired by Sycamore Partners. Fred's didn't discuss the chatter, and the article did point out that these negotiations are at an early stage. The market still likes the possibilities.

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