55 Stocks Moving In Wednesday's Mid-Day Session

Gainers

  • LM Funding America Inc LMFA jumped 50.7 percent to $0.58 after the nano-cap low-float financial services company said it saw a positive net income after $400,000 in accrued expenses were reversed as part of a revised settlement for the Solaris class action litigation.
  • Pain Therapeutics, Inc. PTIE surged 38.3 percent to $1.535 after the company was awarded a $3.2 million grant to support its clinical study for Alzheimer's treatment.
  • Canopy Growth Corporation CGC gained 25.5 percent to $30.90 after the Canadian cannabis company received a $4 billion investment from stake holder Constellation Brands, Inc. STZ. As part of the agreement, Constellation will now own a 38 percent stake on Canopy, which will be better positioned to take advantage of the "tremendous" growth opportunities in the global cannabis market.
  • GWG Holdings, Inc. GWGH gained 21.4 percent to $8.97 following Q2 results. GWG Holdings posted Q2 loss of $0.76 per share on sales of $24.32 million.
  • PetIQ, Inc. PETQ rose 18.1 percent to $33.38 after reporting a second-quarter sales beat.
  • KMG Chemicals, Inc. KMG gained 16.4 percent to $77.77. Cabot Microelectronics Corporation CCMP announced plans to buy KMG Chemicals in a deal valued at $1.6 billion.
  • Ability Inc. ABIL rose 15.5 percent to $5.2553 after dropping 24.04 percent on Tuesday.
  • Oragenics Inc OGEN rose 10.1 percent to $0.5450 after the company disclosed that it has resumed Phase 2 clinical trial of AG013 in oral mucositis following positive routine safety review.
  • Staffing 360 Solutions Inc STAF gained 10 percent to $2.59 following Q2 results. Staffing 360 Solutions reported Q2 loss of $0.46 per share on sales of $59.727 million.
  • InnerWorkings, Inc. INWK surged 10 percent to $7.29. InnerWorkings posted Q2 adjusted earnings of $0.01 per share on revenue of $282 million.
  • Acme United Corporation ACU gained 10 percent to $21.50.
  • Cronos Group Inc. CRON rose 9.7 percent to $6.200. Canaccord Genuity upgraded Cronos from Sell to Hold.
  • Tilray, Inc. TLRY shares rose 9.3 percent to $26.4901 after declining 9.06 percent on Tuesday.
  • Nortech Systems Incorporated NSYS gained 9.3 percent to $3.9999 following Q2 results. Nortech posted Q2 earnings of $0.14 per share on sales of $28.538 million.
  • Taitron Components Incorporated TAIT climbed 8.1 percent to $2.27.
  • Corvus Pharmaceuticals, Inc. CRVS rose 6.8 percent to $9.73. Credit Suisse assumed coverage on Corvus Pharmaceuticals with an Outperform rating.
  • Perspecta Inc. PRSP gained 6.5 percent to $23.06 following Q1 results.
  • Adient PLC ADNT shares rose 5.5 percent to $45.00. Adient will replace DCT Industrial Trust Inc. DCT in the S&P MidCap 400 on Wednesday, August 22.
  • Energen Corporation EGN shares rose 5.1 percent to $76.90. Diamondback Energy Inc FANG announced plans to acquire Energen for 0.6442 Diamondback shares per Energen share. The deal values Energen at $84.95 per share and is worth $9.2 billion.

 

Check out these big penny stock gainers and losers

Losers

  • ParkerVision, Inc. PRKR dipped 32.8 percent to $0.390 after the company missed Q2 sales estimates.
  • Casa Systems, Inc. CASA shares dropped 23.4 percent to $11.95 after the provider of converged broadband infrastructure technology solutions reported mixed second-quarter results and guided its 2018 sales estimate below the Street's expectations.
  • Hollysys Automation Technologies Ltd. HOLI dipped 22 percent to $18.21 after reporting downbeat quarterly earnings.
  • Cytori Therapeutics, Inc. CYTX shares tumbled 17.5 percent to $ 0.33 following mixed Q2 earnings.
  • California Resources Corporation CRC fell 13.3 percent to $27.82.
  • CVD Equipment Corporation CVV dropped 13.1 percent to $5.6529 after reporting Q2 results.
  • Evolving Systems, Inc. EVOL fell 12.7 percent to $2.14 following Q2 earnings.
  • Cango Inc. CANG declined 12.6 percent to $8.90.
  • Performance Food Group Company PFGC fell 12.4 percent to $32.975 after the company reported weaker-than-expected results for its fourth quarter and issued downbeat FY19 earnings forecast.
  • Macy's, Inc. M shares dipped 12 percent to $36.84. Macy's reported better-than-expected results for its second quarter.
  • Sibanye Gold Limited SBGL fell 11.8 percent to $2.10.
  • Bilibili Inc. BILI dropped 11.8 percent to $9.40.
  • Nymox Pharmaceutical Corporation NYMX fell 11.3 percent to $2.68.
  • Strongbridge Biopharma plc SBBP declined 11.2 percent to $ 5.55 after reporting a proposed public offering of ordinary shares.
  • Electro-Sensors, Inc. ELSE dropped 11 percent to $3.48 following Q2 results.
  • Gold Fields Limited GFI fell 10.6 percent to $2.62 after dropping 12.80 percent on Tuesday.
  • Diamondback Energy Inc FANG fell 10.4 percent to $119.85 after the company announced plans to acquire Energen Corporation.
  • SG Blocks, Inc. SGBX shares dropped 10.3 percent to $4.0982 after reporting Q2 results.
  • Opera Limited OPRA dipped 10 percent to $11.60.
  • Galectin Therapeutics, Inc. GALT tumbled 9.6 percent to $3.7151.
  • Huami Corporation HMI fell 9.5 percent to $9.6850 after rising 4.80 percent on Tuesday.
  • China Southern Airlines Company Limited ZNH shares fell 9.5 percent to $29.85.
  • HUYA Inc. HUYA fell 9.3 percent to $25.05 after dipping 16.06 percent on Tuesday.
  • First Majestic Silver Corp. AG fell 9.2 percent to $5.105 after gaining 2.37 percent on Tuesday.
  • Gevo, Inc. GEVO dropped 9 percent to $2.82.
  • Schnitzer Steel Industries, Inc. SCHN dipped 9 percent to $25.70. Morgan Stanley downgraded Schnitzer Steel Industries from Equal-Weight to Underweight.
  • Carrizo Oil & Gas Inc CRZO shares fell 8.7 percent to $22.20 after the company disclosed a 9.5-million share common stock offering.
  • Cemtrex, Inc. CETX fell 8.6 percent to $1.855 following Q3 results.
  • Marcus Corporation MCS shares tumbled 8.6 percent to $36.757. B. Riley FBR downgraded Marcus from Buy to Neutral.
  • JinkoSolar Holding Co., Ltd. JKS dropped 8.4 percent to $11.73.
  • J. C. Penney Company, Inc. JCP dipped 8.2 percent to $2.425.
  • Matador Resources Company MTDR dropped 6.6 percent to $29.55. Johnson Rice downgraded Matador Resources from Buy to Accumulate.
  • MICT Inc MICT fell 6.2 percent to $1.2667 following Q2 results. Micronet Enertec posted Q2 loss of $0.13 per share on sales of $4.701 million.
  • Intercept Pharmaceuticals, Inc. ICPT dropped 6.1 percent to $ 104.8962. RBC Capital downgraded Intercept Pharmaceuticals from Outperform to Sector Perform.
  • IQIYI Inc IQ shares fell 5.2 percent to $25.4894 following online movie shared revenue figures for July.
  • Cree, Inc. CREE fell 4 percent to $48.17. Cree reported upbeat results for its fourth quarter on Tuesday.
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