Cobalt International Energy, Inc. (NYSE: CIE) 37.4% HIGHER; provided additional data confirming the significance of its Cameia Pre-salt oil discovery in Block 21 offshore Angola. Click here for the full report. The stock was upgraded at Howard Weil earlier.

Amyris (Nasdaq: AMRS) 28.7% 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) 25.6% LOWER; reported Q4 EPS of $0.57, $0.14 worse than the analyst estimate of $0.71.