60 Stocks Moving In Monday's Mid-Day Session

Gainers

  • Immunomedics, Inc. IMMU shares climbed 100.6% to $84.74. Gilead Sciences, Inc. GILD announced plans to acquire Immunomedics in a deal at $21 billion.
  • Cassava Sciences, Inc. SAVA jumped 75.9% to $5.84 after the company announced results for a Phase 2b clinical study of Sumifilam in patients with Alzheimer's disease showed statistically significant improvements in biomarkers compared to placebo.
  • Scientific Games Corp SGMS climbed 45% to $27.50 after the company announced new institutional investors would take a stake in the company at $28 per share. Shares are being purchased from current shareholders.
  • J.Jill, Inc. JILL gained 41.2% to $0.7049 after the company announced it would avoid bankruptcy by receiving consent to conduct out of court financial restructuring.
  • Vaxart, Inc. VXRT rose 23% to $6.52 after surging around 11% on Friday. Vaxart recently announced its oral COVID-19 vaccine candidate induces potent systemic and mucosal immune response in preclinical studies.
  • Venus Concept Inc. VERO gained 19% to $2.51. Venus Concept tweets 'Pave the way for high patient satisfaction by adding our IPL-based photorejuvenation treatments to your suite of services. Provide the safe, comfortable, and effective anti-aging solution patients are searching for!'
  • Priority Technology Holdings, Inc. PRTH gained 18.9% to $3.53. Priority Technology recently announced it will sell its RentPayment Business to MRI Software.
  • Mersana Therapeutics, Inc. MRSN jumped 17.6% to $21.93 after peer company Immunomedics, who also works to treat cancer, was acquired by Gilead.
  • NantKwest, Inc. NK shares gained 17.4% to $7.75. NantKwest Affiliate Brink Biologics recently reported a license deal with Fresenius Kabi.
  • Lithium Americas Corp. LAC jumped 16.8% to $8.19.
  • NextDecade Corporation NEXT gained 16.7% to $2.3699.
  • Nam Tai Property Inc. NTP shares rose 16.4% to $10.64 after the company reported the resignation of Director and CEO due to personal reasons.
  • Evogene Ltd. EVGN gained 16.4% to $2.485 after climbing 12% on Friday. Evogene, last week confirmed it has secured $10 million in financing through an investment offering.
  • Kingsoft Cloud Holdings Limited KC surged 15.8% to $37.18 as the sector rebounded following selloffs in recent sessions.
  • Forte Biosciences, Inc. FBRX gained 15.6% to $41.50. Forte Biosciences recently announced the full publication of Phase 1/2 data in Science Translational Medicine.
  • MOGU Inc. MOGU surged 15.5% to $2.4595 in sympathy with the overall market on a tech rebound.
  • Adaptimmune Therapeutics plc ADAP gained 15.1% to $9.14. Adaptimmune, last month, highlighted presentation of Phase 1 trial data with ADP-A2AFP.
  • Huami Corporation HMI rose 15% to $14.04. Huami recently named Leon Cheng Deng as CFO.
  • Zymeworks Inc. ZYME surged 15% to $43.99 after peer company Immunomedics, who also works to treat cancer, was acquired by Gilead.
  • Lifeway Foods, Inc. LWAY gained 14.8% to $6.43.
  • Vir Biotechnology, Inc. VIR shares jumped 14.3% to $32.43 after Goldman Sachs upgraded the stock from Neutral to Buy and raised its price target from $48 to $54.
  • Viela Bio, Inc. VIE gained 13.9% to $35.24.
  • The Andersons, Inc. ANDE jumped 12.5% to $18.67. BMO Capital upgraded Andersons from Market Perform to Outperform and raised the price target from $20 to $24.
  • Overstock.com, Inc. OSTK rose 12.4% to $73.22 after Needham initiated coverage on the company's stock with a Buy rating and announced a $96 price target.
  • Century Aluminum Company CENX gained 12% to $10.85.
  • Dynavax Technologies Corporation DVAX rose 9.8% to $5.50. Valneva and Dynavax reported a commercial supply agreement for inactivated and adjuvanted COVID-19 vaccine.
  • Seattle Genetics, Inc. SGEN gained 9.4% to $164.11 after the company announced it would collaborate with pharmaceutical giant Merck on two Oncology drugs and that Merck would invest $1 billion in the company.
  • Kintara Therapeutics, Inc. KTRA gained 9.1% to $1.7450 after Aegis Capital initiated coverage on the stock with a Buy rating and announced a price target of $6 per share.
  • GameStop Corp. GME rose 8.9% to $6.63. Analysts at Jefferies upgraded GameStop from Hold to Buy and raised the price target from $7 to $8, while Telsey Advisory Group upgraded the stock from Market Perform to Outperform and raised the price target from $9 to $10.. GameStop, last week, reported worse-than-expected Q2 results.
  • Nikola Corporation NKLA gained 8.8% to $34.94 after declining over 14% on Friday. Nikola issued a statement in response to recent short report from Hindenburg.
  • Evofem Biosciences, Inc. EVFM rose 8.6% to $2.28. Evofem Biosciences shares tumbled around 23% on Friday after the company's CEO sold 122,500 shares at an average price of $3.26.
  • Spartan Energy Acquisition Corp. SPAQ rose 8.6% to $16.47. Fisker Inc, an EV firm, is planning a merger deal with Spartan Energy next month.
  • DiamondPeak Holdings Corp. DPHC climbed 8% to $26.64 following a s17% surge on Friday.
  • Cellcom Israel Ltd. CEL rose 7.8% to $3.4497 after the company appointed Mr. Shai Amsalem as its CFO, and Mr. Eran Shenar and Ms. Diana Elsztein -Dan as members of its board.
  • Micron Technology, Inc. MU shares rose 7.1% to $49.35 after Goldman Sachs upgraded the company's stock from Neutral to Buy and announced a $58 price target.
  • Sorrento Therapeutics, Inc. SRNE rose 7% to $6.76 after the company secured exclusive license from Mayo Clinic for antibody-drug-nanoparticle albumin-bound immune complex platform.
  • NVIDIA Corporation NVDA shares rose 6.8% to $519.79 after the company announced plans to acquire British chipmaker Arm Ltd from SoftBank Group’s Vision Fund, in a deal valued at $40 billion.
  • Fastly Inc FSLY gained 6.2% to $80.71 after Tiktok US announced it would be acquired by Oracle. Tiktok is Fastly's largest customer.
  • BioNTech SE BNTX gained 5.9% to $68.94 after the company asked the FDA for permission to expand its COVID-19 vaccine trial to 44,000 participants.
  • Biocept, Inc. BIOC rose 5.8% to $3.82. Biocept recently entered into a in-network provider agreement with Health Net Federal Services extending coverage for its liquid biopsy oncology platform to TRICARE West region network.
  • Oracle Corporation ORCL shares rose 5.7% to $60.25 amid news Bytedance has selected Oracle as its partner for the purchase of TikTok's US operations.
  • Enlivex Therapeutics Ltd. ENLV shares gained 5% to $5.23 after gaining over 6% on Friday. Enlivex, last month, announced allowance of new US patent covering allocetra immunotherapy.
  • China Natural Resources, Inc. CHNR rose 4.6% to $1.15 after the company reported unaudited interim financial results for the six months ended June 30, 2020.
  • Infosys Limited INFY rose 3.6% to $13.23 after the company announced it will acquire GuideVision.
  • RADA Electronic Industries Ltd. RADA rose 3.5% to $6.47 after the company announced $10 million in new orders since mid-July 2020.

 

Check out these big penny stock gainers and losers

Losers

  • Nano-X Imaging Ltd. NNOX shares fell 13.9% to $55.26 after climbing 33% on Friday. Nano X Imaging recently announced it has signed an agreement with SPI Medical for the deployment of 630 Nanox.ARC units in Mexico.
  • Kala Pharmaceuticals, Inc. KALA shares dipped 11.5% to $7.76. Jefferies downgraded Kala Pharmaceuticals from Buy to Hold and lowered the price target from $21 to $10.
  • Groupon, Inc. GRPN fell 11.2% to $28.75 as a potential sell-off following the stock increasing roughly 45% in the last month.
  • Hancock Jaffe Laboratories, Inc. HJLI fell 9.5% to $0.5101 after jumping around 38% on Friday. Hancock Jaffe, last month, announced one year follow-up data on two additional VenoValve patients.
  • Teligent, Inc. TLGT shares fell 13% to $1.21 after gaining around 19% on Friday. Teligent, last month, reported a loss for its second quarter.
  • Mallinckrodt PLC MNK dropped 11.3% to $1.0650 after the FDA denied the company's new drug application to treat kidney failure.
  • Co-Diagnostics, Inc. CODX shares declined 10.9% to $12.22 as a potential sell-off following the stock increasing roughly 66% since last Tuesday.
  • Cleveland BioLabs, Inc. CBLI shares dropped 9.5% to $2.10.
  • Tortoise Acquisition Corp. SHLL shares fell 9.4% to $43.31. The team behind the successful Tortoise Acquisition brought its second SPAC to the public markets Friday. Tortoise Acquisition Corp II SNPR began trading Friday.
  • ClearOne, Inc. CLRO shares dipped 9% to $2.22 after the company reported a $5.3 million registered direct offering priced at-the-market under Nasdaq rules.
  • Par Pacific Holdings, Inc. PARR shares fell 8.9% to $7.30. JP Morgan, on Friday, initiated coverage on Par Pacific with an Underweight rating.
  • Avinger, Inc. AVGR fell 8.5% to $0.3342 after declining 12% on Friday. Avinger, last month, priced 11.06 million share public offering of common stock at $0.47 per share.
  • America's Car-Mart, Inc. CRMT dropped 8.1% to $90.10. America's Car-Mart reported quarterly results last month.
  • Graf Industrial Corp. GRAF shares tumbled 8% to $26.60. Graf Industrial recently agreed to merge with Velodyne.
  • AIkido Pharma Inc. AIKI fell 5.7% to $0.5427 after declining over 11% on Friday. AIkido Pharma highlighted peer-reviewed publication of results from study of antiviral compounds licensed from the University Of Maryland.
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