In afternoon trade the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is on course to break its losing streak and is higher by 0.2% to 5,700 points.
Four shares that have climbed more than most today are listed below. Here's why they are storming higher:
The Big Un Ltd (ASX: BIG) share price has climbed 8% to $1.46 after the video technology company provided the market with updated guidance on the first-quarter of FY 2018. Due to the strong performance of its sales and production teams in August, Big Un now expects to achieve global cash receipts from customers in excess of $14 million in the first-quarter.
The GetSwift Ltd (ASX: GSW) share price has stormed higher once again, this time by 8% to $1.46. The logistics platform provider's shares have been on a tear in September and risen approximately 33%. I would suggest investors consider snapping up shares on any dips that present themselves.
The Sigma Healthcare Ltd (ASX: SIG) share price is up almost 5% to 90 cents following the release of its half-year results. Underlying earnings before interest and tax fell 8.7% to $44.2 million as a result of a pull-back in sales of Hepatitis C medicines, the exit of a non-compliant branded customer group, and general softer consumer sentiment. Investors appear to be pleased that management expects the company to return to profit growth in FY 2019.
The XPED Ltd (ASX: XPE) share price has surged 8% higher to 1.3 cents after the Internet of Things company provided a market update. According to today's release, Xped expects revenue to increase from $1.2 million in FY 2017 to in excess of $2.5 million in FY 2018. This strong revenue growth is being driven by its JCT Healthcare business and also its partnership with Shenzhen Lenze Technology. Xped could be one to watch in FY 2018.
