36 Stocks Moving In Thursday's Mid-Day Session

Gainers

  • Top Ships Inc. TOPS shares climbed 78.6 percent to $1.3751 after the company reported a time charter with a major oil company for its two Suezmax vessels.
  • AV Homes, Inc. AVHI shares jumped 29.2 percent to $21.325 after Taylor Morrison Home Corporation TMHC agreed to acquire AV Homes at $21.50 per share in cash and stock.
  • Axovant Sciences Ltd. AXON jumped 26 percent to $5.74 after climbing 160.00 percent on Wednesday.
  • Ophthotech Corp OPHT shares surged 24.6 percent to $3.49 after the company disclosed that it has entered into gene therapy agreements with University of Florida and University of Pennsylvania.
  • Zscaler, Inc. ZS rose 23.7 percent to $37.923 after reporting a third-quarter earnings and sales beat. The company issued strong fourth-quarter and fiscal 2018 earnings and sales guidance.
  • Five Below, Inc. FIVE jumped 22.5 percent to $99.58 after the company reported better-than-expected results for its first quarter The company also issued strong second quarter and fiscal 2018 earnings and sales guidance.
  • Conn's Inc CONN gained 22.1 percent to $31.30 after the company reported better-than-expected results for its first quarter on Thursday.
  • Coffee Holding Co., Inc. JVA rose 16.9 percent to $4.92 following Q2 beat.
  • Mesoblast Limited MESO climbed 13 percent to $6.35. H.C. Wainwright initiated coverage on Mesoblast with a Buy rating.
  • ABM Industries, Inc. ABM rose 12.2 percent to $32.55 after reporting upbeat results for its fiscal third quarter.
  • Mirati Therapeutics, Inc. MRTX climbed 11.8 percent to $43.45. Mirati Therapeutics priced its 2.75 million share common stock offering at $38.85 per share.
  • Urban One, Inc. UONE gained 11.4 percent to $3.009.
  • Vishay Intertechnology, Inc. VSH climbed 10.6 percent to $24.10 after reporting a proposed offering of $525 million of convertible senior notes.
  • ShotSpotter, Inc. SSTI climbed 10.6 percent to $35.97. JMP Securities initiated coverage on ShotSpotter with a Market Outperform rating.
  • Sonic Corp. SONC rose 10.5 percent to $29.3975. Sonic reiterated its FY18 outlook and increased its share repurchase authorization from $160 million to $500 million.
  • InfoSonics Corporation IFON shares rose 9.2 percent to $4.0301 after the company announced it's working with Apple Inc AAPL on Latin American expansion and will expand into U.S. markets pending Apple’s approval. The company also announced it closed a $3.7-million common stock offering.
  • Advaxis, Inc. ADXS jumped 7.9 percent to $1.8446 following Q2 results.
  • Donnelley Financial Solutions, Inc. DFIN gained 6 percent to $17.13. DA Davidson initiated coverage on Donnelley Financial with a Buy rating.
  • Athersys, Inc. ATHX rose 4 percent to $2.90 after announcing the expansion of a collaboration with Japan-based pharmaceutical company Healios. As part of the revised agreement, Healios received rights to develop and commercialize MultiStem in Japan in exchange for $20 million upfront and up to $360 million in milestone payments.


Check out these big penny stock gainers and losers

Losers

  • Proteostasis Therapeutics, Inc. PTI shares dropped 36.73 percent to $3.10 after data from an ongoing Phase 1 Study of PTI-801 in cystic fibrosis patients showed statistically significant improvement in blood glucose levels and the reversal of hyperglycemia in the diabetic cystic fibrosis subpopulation.
  • REV Group, Inc. REVG declined 21 percent to $14.15 after the company posted downbeat Q2 earnings and lowered its FY18 net income outlook.
  • American Superconductor Corporation AMSC shares fell 18.1 percent to $5.7300. American Superconductor reported upbeat earnings for its fiscal fourth quarter, while sales missed estimates.
  • MiMedx Group Inc MDXG fell 17.9 percent to $6.7400. MiMedx reported that it will restate financial statements for FY12-FY16 and interim periods of FY17 related to sales recognition. The company also disclosed that its CFO Michael Senken stepped down in June 6, 2018 and Edward Borkowski has been named as interim CFO.
  • ReShape Lifesciences Inc. RSLS dropped 15.8 percent to $3.30 after the company reported $1.5 million registered direct offering priced at-the-market.
  • SenesTech, Inc. SNES shares fell 15.6 percent to $1.73.
  • Vascular Biogenics Ltd. VBLT shares dipped 12.5 percent to $2.625.
  • United Natural Foods, Inc. UNFI shares fell 8.7 percent to $42.18. United Natural Foods reported stronger-than-expected results for its third-quarter and raised its fiscal 2018 outlook.
  • Ichor Holdings, Ltd. ICHR slipped 8.7 percent to $23.505.
  • Hovnanian Enterprises, Inc. HOV dipped 7.5 percent to $1.86 following Q2 results.
  • CohBar, Inc. CWBR dropped 6.7 percent to $8.26. CohBar appointed Philippe P. Calais, Ph.D., to its Board of Directors, and to the Board’s Audit Committee.
  • Axon Enterprise, Inc. AAXN declined 6.7 percent to $63.385. JP Morgan downgraded Axon Enterprise from Overweight to Neutral.
  • Cloudera, Inc. CLDR fell 6.5 percent to $16.064 despite reporting upbeat quarterly results.
  • MEI Pharma, Inc. MEIP shares fell 5.8 percent to $4.52 after rising 15.66 percent on Wednesday.
  • MongoDB, Inc. MDB fell 4.2 percent to $49.18 after reporting first-quarter earnings that fell in line with analyst estimates.
  • J M Smucker Co SJM shares fell 4 percent to $102.3653 after reporting weaker-than-expected Q4 results.
  • First Solar, Inc. FSLR slipped 3.7 percent to $53.52. Vertical Group downgraded First Solar from Buy to Sell.
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