40 Stocks Moving In Friday's Mid-Day Session

Gainers

  • CounterPath, Corp. CPAH shares climbed 126.8% to $2.20 after the company partnered with Honeywell to create unified communications solution for mobile devices and handheld scanners.
  • Sorrento Therapeutics Inc SRNE gained 35.8% to $4.63 following news it received an unsolicited acquisition offer from private equity at $7 per share.
  • PhaseBio Pharmaceuticals, Inc. PHAS shares gained 28.5% to $7.26 after the company announced a financing and co-development collaboration with SFJ Pharmaceuticals for PB2452. PhaseBio to receive $120 million in development funding.
  • Ultragenyx Pharmaceutical Inc. RARE shares rose 28.3% to $56.09 after the company announced positive topline cohort 3 results and improved longer-term Cohort 2 results from the Phase 1/2 study of DTX301 gene therapy.
  • Polymet Mining Corp PLM jumped 20.2% to $0.4798 after the Minnesota Pollution Control Agency defended air permits it gave to the company, which is trying to open a copper-nickel mine in the state.
  • ASLAN Pharmaceuticals Limited ASLN gained 17.2% to $2.38.
  • Trillium Therapeutics Inc. TRIL rose 14.8% to $3.32 after surging 93.96% on Thursday.
  • Aclaris Therapeutics, Inc. ACRS shares rose 13.3% to $2.1066 after the company announced positive results from ATI-450-PKPD-101.
  • SYNNEX Corporation SNX rose 13.1% to $145.66 after the company reported upbeat results for its fourth quarter and announced plans to separate into two publicly traded companies. The company also issued Q1 earnings guidance above analyst estimates.
  • NanoViricides, Inc. NNVC shares gained 13.1% to $3.7195.
  • Foamix Pharmaceuticals Ltd. FOMX rose 12.8% to $4.23.
  • Revance Therapeutics, Inc. RVNC gained 10.9% to $18.27 after the company signed US distribution agreement with TEOXANE SA.
  • Soleno Therapeutics, Inc. SLNO jumped 10.5% to $3.15.
  • Moderna, Inc. MRNA rose 10.4% to $20.32 after the company announced positive data from the Phase 1 study of its cytomegalovirus vaccine.
  • TRACON Pharmaceuticals, Inc. TCON gained 10.4% to $2.9375.
  • Nektar Therapeutics NKTR gained 9.7% to $23.68 after the company and Bristol-Myers agreed to a new joint development plan to advance bempeg plus nivolumab into multiple new registrational trials.
  • Simulations Plus, Inc. SLP rose 5.8% to $33.51 following strong Q1 results.
  • Beyond Meat, Inc. BYND rose 5.7% to $95.41 after climbing 10.76% on Thursday.
  • Dermira Inc DERM shares rose 5.4% to $19.33 after Eli Lilly And Co LLY reported a deal to buy the company for $18.75 per share in cash.
  • T2 Biosystems Inc TTOO rose 5.3% to $1.20 after the company issued preliminary Q4 sales guidance of roughly $3 million and product revenue of roughly $1.5 million.
  • Infosys Limited INFY shares rose 4.4% to $10.94 after reporting upbeat quarterly profit.


Check out these big penny stock gainers and losers

Losers

  • Portola Pharmaceuticals, Inc. PTLA shares dipped 44% to $13.86 after the company reported preliminary FY19 Andexxa global net revenues of $111 million.
  • RumbleON Inc RMBL fell 26.1% to $0.5996 after the company issued Q4 and FY19 sales guidance below analyst estimates, and reported a common stock offering of no disclosed size.
  • Six Flags Entertainment Corporation SIX fell 18.5% to $35.67 after the company disclosed that development of co-branded parks in China has encountered continued challenges. Wells Fargo downgraded the stock from Overweight to Equal-Weight and lowered the price target from $49 to $42 per share.
  • Cryoport, Inc. CYRX fell 17.2% to $15.03. Cryoport sees preliminary Q4 sales of $9.2 million.
  • Sportsman's Warehouse Holdings Inc SPWH fell 15.4% to $6.76 after the company lowered its guidance for FY19. The company also issued weak forecast for the fourth quarter.
  • Camber Energy, Inc. CEI dropped 14.7% to $2.3108.
  • Turning Point Therapeutics, Inc. TPTX dipped 12.6% to $57.12. Turning Point Therapeutics said Jean Cui will step down as chief scientific officer Jan. 31, with family reasons cited for the departure. Cui, however, will serve as a consultant and support the company during a transition period until June 30.
  • Aptinyx Inc APTX fell 10.3% to $3.23. Aptinyx priced its 10.17 million share common stock offering at $3 per share.
  • Inpixon INPX fell 9.9% to $4.64 after falling 6.02% on Thursday.
  • Chembio Diagnostics, Inc. CEMI dropped 9.5% to $4.40 after the company reported the resignation of President and CEO John Sperzel.
  • Applied Genetic Technologies Corporation AGTC fell 9.3% to $8.41 after rising 122.84% on Thursday.
  • Genetic Technologies Limited GENE dipped 9.3% to $4.29.
  • Kimbell Royalty Partners, LP KRP fell 8.7% to $15.86 after the company reported a 5 million common unit offering. Kimbell Royalty Partners also reported a $175 million acquisition of mineral and royalty interests in a cash and unit transaction.
  • Grubhub Inc. GRUB fell 8.1% to $51.22. Grubhub said It 'unequivocally' isn't running a sale process, Bloomberg reported.
  • VOXX International Corp VOXX fell 7.7% to $4.42 after the company reported Q3 EPS results down from last year and worse-than-expected sales results.
  • Pier 1 Imports, Inc. PIR dropped 7% to $3.50.
  • Urban Outfitters, Inc. URBN fell 5.5% to $26.16 after the company reported there will be greater pressure on Q4 gross profit margin than originally expected. Wholesale segment net sales decreased 9% and the company spent more than anticipated on delivery, for the 2 months ended December 31, 2019.
  • Aehr Test Systems AEHR fell 5.5% to $2.0220 after the company reported Q2 results.
  • KB Home KBH fell 4% to $35.62 after the company reported worse-than-expected Q4 sales results.
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