28 Stocks Moving In Monday's Mid-Day Session

Gainers

• Clearside Biomedical Inc CLSD surged 45.2 percent to $11.35 after the clinical biopharmaceutical company announced an encouraging update from ongoing clinical studies. The company said its pivotal phase 3 clinical trial of its suprachoroidal CLS-TA in patients with macular edema achieved positive topline results.
• Innovate Biopharmaceuticals Inc INNT shares surged 40.9 percent to $13.36 after climbing 54.15 percent on Friday.
• XL Group Ltd. XL shares gained 29.3 percent to $55.99 after the insurance company agreed to sell itself to France's AXA for $15 billion, or $57.60 per share.
• Carver Bancorp Inc CARV shares rose 26.1 percent to $3.62.
• Vericel Corp VCEL shares climbed 25.2 percent to $10.45 following better-than-expected Q4 earnings.
• GTx, Inc. GTXI rose 21.5 percent to $20.43 as the company issued Phase 2 data for enobosarm for urinary incontinence.
• iPic Entertainment Inc IPIC surged 18.2 percent to $13.38. Roth Capital initiated coverage on iPic Entertainment with a Buy rating and a $18.00 price target.
• ITUS Corp ITUS shares gained 10.8 percent to $3.61 after the company reported a partnership with Serametrix for ITUS' Cchek.
• Intrepid Potash, Inc. IPI climbed 10.7 percent to $3.94. Cowen & Co. upgraded Intrepid Potash from Underperform to Market Perform.
• Dragon Victory International Limited LYL shares rose 10.2 percent to $3.78.
• Tenax Therapeutics Inc TENX gained 10 percent to $8.47 after dropping 27.36 percent on Friday.
• Casa Systems Inc CASA shares gained 9.1 percent to $23.94.
• Tyme Technologies Inc TYME climbed 7.9 percent to $2.47.
• Alliance One International, Inc. AOI shares rose 7.2 percent to $23.20
• Aimmune Therapeutics Inc AIMT shares gained 6.8 percent to $36.39 after the company presented results from its pivotal Phase 3 PALISADE trial of AR101 for peanut allergy at the AAAAI-WAO.
• ACM Research Inc ACMR gained 6.4 percent to $7.70 after the company reported upbeat Q4 results.
• MacroGenics Inc MGNX climbed 6.3 percent to $30.75. H.C. Wainwright initiated coverage on MacroGenics with a Buy rating.
• Groupon Inc GRPN rose 5 percent to $4.48. Morgan Stanley upgraded Groupon from Underweight to Equal-Weight.
• Corindus Vascular Robotics Inc CVRS gained 4 percent to $1.09. The developer of precision vascular robotics announced it has received a 510(k) clearance from the U.S. Food and Drug Administration for its automated robotic movement designed for the CorPath GRX platform.

Check out these big penny stock gainers and losers

Losers

• Dermira Inc DERM shares tumbled 63.2 percent to $9.27 as the company disclosed that its two Phase 3 trials evaluating olumacostat glasaretil in patients with acne vulgaris did not meet co-primary endpoints.
• Sparton Corporation SPA declined 24.3 percent to $17.28 after the company reported termination of merger agreement with Ultra.
• Smith Micro Software, Inc. SMSI fell 23.4 percent to $1.65 as the company announced a $5 million private placement.
• BRF SA (ADR) BRFS shares dropped 14.5 percent to $8.05.
• Babcock & Wilcox Enterprises Inc BW fell 11.8 percent to $4.87. Wynnefield Capital disclosed that it will fully subscribe to Babcok & Wilcox's rights offering.
• Nextdecade Corp NEXT shares dropped 11.1 percent to $5.61.
• USA Truck, Inc. USAK fell 11 percent to $22.88.
• Vectrus Inc VEC slipped 8 percent to $34.00. Drexel Hamilton downgraded Vectrus from Buy to Hold.
• United Bancshares Inc. OH UBOH shares declined 7.3 percent to $20.40.