Gainers
- Enphase Energy, Inc. ENPH shares climbed 33.1 percent to $5.99 after the company announced plans to acquire Sunpower’s Microinverter business for $25 million and 7.5 million shares of common stock.
- Sharing Economy International Inc. SEII jumped 24.1 percent to $4.38. The China-based company that targets the global sharing economy markets said one of its wholly-owned subsidiary entered into a licensing agreement with Ecrent Capital to establish a website platform in North Korea.
- Pivotal Software, Inc. PVTL climbed 23.5 percent to $26.19 after reporting strong Q1 results.
- Korn/Ferry International KFY rose 15.3 percent to $65.20 after reporting upbeat results for its fourth quarter.
- Aytu BioScience, Inc. AYTU gained 13.7 percent to $0.4376 after the company entered into a license deal for Zolpimist sleep medication with Magna Pharma.
- Turtle Beach Corporation HEAR shares climbed 12.9 percent to $22.62.
- Vince Holding Corp. VNCE gained 10.2 percent to $13.67.
- Bitauto Holdings Limited BITA rose 9.9 percent to $29.47 after the company reported Q1 results and named Ming Xu as CFO.
- IntriCon Corporation IIN rose 9.5 percent to $42.55.
- Twenty-First Century Fox, Inc. FOXA shares rose 7.9 percent to $43.730 following news of US Court approval of AT&T and Time Warner deal.
- Crown Crafts, Inc. CRWS rose 7.8 percent to $6.037 following Q4 results.
- Sierra Oncology, Inc. SRRA gained 7.3 percent to $3.51.
- United Microelectronics Corporation UMC climbed 7.1 percent to $3.105.
- Can-Fite BioPharma Ltd. CANF gained 6.2 percent to $1.38. H.C. Wainwright initiated coverage of the biotechnology company that treats inflammatory and liver diseases with a Buy rating and $8 price target.
- Time Warner Inc. TWX rose 3.1 percent to $99.16. U.S. District Judge Richard Leon ruled against the Justice Department Tuesday to confirm that AT&T Inc. T's $85 billion purchase of Time Warner does not violate antitrust laws.
Check out these big penny stock gainers and losers
Losers
- Flex Pharma, Inc. FLKS shares dipped 66.8 percent to $1.39 after the company reported plans to stop FLX-787 Phase 2 clinical programs in ALS & CMT. Flex Pharma said due to these announcements, the company will reduce its workforce by 60 percent.
- scPharmaceuticals Inc. SCPH dropped 23.2 percent to $5.85 after the company received a Complete Response Letter (CRL) from the FDA for FUROSCIX.
- H & R Block Inc HRB shares fell 19.3 percent to $23.890. H & R Block reported better-than-expected earnings for its fourth quarter and raised its quarterly dividend from $0.24 per share to $0.25 per share.
- Moxian, Inc. MOXC shares declined 13.6 percent to $2.29.
- vTv Therapeutics Inc. VTVT fell 11.6 percent to $1.67. vTv Therapeutics released top-line results from Part B of its Phase 3 STEADFAST study of its investigational medication azeliragon for treating mild Alzheimer's, which showed that the study did not meet the co-primary endpoints, namely statistically significant improvement in cognitive or functional outcomes, as measured by the Alzheimer's Disease Assessment Scale-cognitive subscale (ADAS-cog) and Clinical Dementia Rating Scale Sum of Boxes (CDR-sb) at 12-months compared to placebo.
- Galmed Pharmaceuticals Ltd. GLMD shares dropped 10.4 percent to $15.7563 after surging 149.50 percent on Tuesday.
- China HGS Real Estate Inc. HGSH declined 9.5 percent to $2.063.
- USA Compression Partners, LP USAC shares fell 8.8 percent to $16.40. USA Compression Partners priced its secondary offering of common units by USA Compression Holdings, LLC for gross proceeds of $81 million.
- Internet Gold - Golden Lines Ltd. IGLD shares declined 8.7 percent to $3.05.
- Sea Limited SE shares slipped 7.2 percent to $15.22 after announcing proposed offering of convertible notes.
- Science Applications International Corporation SAIC dropped 6.9 percent to $82.03 after reporting Q1 results.
- Advaxis, Inc. ADXS fell 6.5 percent to $1.72. Jefferies downgraded Advaxis from Buy to Hold.
- U.S. Global Investors, Inc. GROW shares dropped 6.3 percent to $2.0713.
- AT&T Inc. T fell 4.7 percent to $32.74. U.S. District Judge Richard Leon ruled against the Justice Department Tuesday to confirm that AT&T's $85 billion purchase of Time Warner does not violate antitrust laws.
- Oxford Industries Inc OXM shares fell 4.3 percent to $88.50 after reporting downbeat results for its first quarter on Tuesday. The company said it expects the third quarter to remain its smallest sales and earnings quarter due to seasonality, but said it expects ‘meaningful direct to consumer growth’ in the fourth quarter.
- Yelp Inc YELP shares fell 3.4 percent to $41.18. Aegis Capital downgraded Yelp from Hold to Sell.
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