20 Biggest Mid-Day Gainers For Wednesday

 

  • Magellan Petroleum Corporation MPET shares jumped 178.2 percent to $3.34 as the company reported that it has entered into a definitive merger agreement with Tellurian Investments.
  • Sizmek Inc SZMK gained 45.5 percent to $3.87 after the company agreed to be acquired by Vector Capital for $3.90 per share in cash. Sizmek posted a Q2 loss of $0.04 per share on revenue of $48.9 million.
  • Cesca Therapeutics Inc KOOL shares surged 33.6 percent to $5.95 after the company reported promising results from 40-month follow-up of patients enrolled in critical limb ischemia feasibility study.
  • Genworth Financial Inc GNW climbed 27.2 percent to $3.50 after the company reported stronger-than-expected second-quarter profit.
  • Stanley Furniture Co. STLY shares rose 20.5 percent to $3.00. Stanley Furniture announced two special dividends totaling $1.50 per share.
  • Big 5 Sporting Goods Corporation BGFV jumped 17.9 percent to $12.34 as the company reported upbeat Q2 results and announced a $25 million buyback plan.
  • American Vanguard Corp. AVD shares gained 16.1 percent to $17.41 on upbeat Q2 earnings.
  • 3D Systems Corporation DDD shares rose 15 percent to $14.02 as the company posted stronger-than-expected quarterly earnings.
  • Etsy Inc ETSY shares surged 12.4 percent to $14.28 following quarterly results. Revenues came in above Wall Street consensus expectations, sending shares higher. The company raised guidance for FY16 revenue growth to 25-28 percent, up from 20-25 percent prior guidance.
  • Zagg Inc ZAGG shares gained 12.3 percent to $7.14 as the company posted upbeat Q2 results.
  • Fitbit Inc FIT shares gained 9.8 percent to $14.46 as the company posted stronger-than-expected results for its second quarter on Tuesday.
  • FormFactor, Inc. FORM shares climbed 9.7 percent to $10.80 as the company posted upbeat second-quarter results.
  • Oclaro, Inc. OCLR climbed 8.3 percent to $6.00 after the company reported better-than-expected Q4 results and issued a strong Q1 sales forecast.
  • Stifel Financial Corp SF shares gained 7.8 percent to $36.64 after the company posted strong results for the second quarter.
  • American International Group Inc AIG shares gained 6.8 percent to $57.82 after the company reported stronger-than-expected profit for its recent quarter.
  • BofI Holding, Inc. BOFI shares rose 6.3 percent to $16.31 after the company reported in-line Q4 earnings.
  • Intercontinental Exchange Inc ICE gained 6.2 percent to $280.13. Intercontinental Exchange posted better-than-expected Q2 earnings. The company also reported a 5-for-1 split and a $1 billion buyback plan.
  • Paycom Software Inc PAYC shares gained 4.8 percent to $49.60 after the company posted better-than-expected Q2 results.
  • Time Warner Inc TWX rose 3.5 percent to $78.43. Time Warner posted upbeat quarterly earnings and increased its FY16 earnings guidance. The company also announced plans to but 10 percent stake in Hulu.
  • Zoetis Inc ZTS shares rose 3.3 percent to $51.36 on upbeat Q2 results.
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