- Insmed Incorporated INSM shares jumped 119.7 percent to $27.00 after the company disclosed that its Phase 3 CONVERT study met its primary endpoint.
- Cadiz Inc CDZI shares gained 42.8 percent to $13.85.
- XOMA Corporation XOMA surged 14.4 percent to $12.79. Wedbush upgraded XOMA from Neutral to Outperform.
- Nathan's Famous, Inc. NATH shares rose 11.9 percent to $63.70.
- Cellect Biotechnology Ltd. APOP gained 11 percent to $10.13 after the company disclosed that its ApoGraft for acute and chronic GvHD has been granted orphan drug status by the FDA.
- Energy Recovery, Inc. ERII shares rose 9.9 percent to $7.20. JMP Securities initiated coverage on Energy Recovery with a Market Outperform rating and a $12.00 price target.
- Energous Corp WATT shares gained 8.9 percent to $11.02. Energous reported a new, high-power, Near Field WattUp charging solution for electronic devices.
- ZK International Group Co Ltd ZKIN shares rose 8.8 percent to $9.19.
- Professional Diversity Network Inc IPDN shares surged 8 percent to $4.72.
- MEI Pharma Inc MEIP shares climbed 7.7 percent to $2.81. MEI Pharma posted net income of $2.7 million, or $0.07 per share, for the fiscal year, versus a year-ago net loss of $20.9 million, or $0.61 per share.
- DryShips Inc. DRYS gained 7.1 percent to $2.42 after falling 16.91 percent on Friday.
- Anavex Life Sciences Corp. AVXL rose 6.2 percent to $5.01 as the company disclosed that it has been issued new U.S. patent for composition of matter covering ANAVEX 2-73.
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