Cobalt International Energy, Inc. (NYSE: CIE) 43% HIGHER; provided additional data confirming the significance of its Cameia Pre-salt oil discovery in Block 21 offshore Angola. Click here to see the full report. The stock was upgraded at Howard Weil earlier.

Amyris (Nasdaq: AMRS) 27.4% LOWER; management held a business update call where management removed 2012 guidance, pushed out construction plans and announced a capital raise. The stock was downgraded by Morgan Stanley and Deutsche Bank this morning.

True Religion Apparel, Inc. (NASDAQ: TRLG) 23.9% LOWER; reported Q4 EPS of $0.57, $0.14 worse than the analyst estimate of $0.71.