60 Stocks Moving In Wednesday's Mid-Day Session

Gainers

• India Globalization Capital, Inc. IGC shares jumped 123% to $1.47 after the company said the FDA notified on July 30 that it has authorized the company to initiate a Phase 1 human trial study for its investigational cannabinoid formulation for the treatment of patients suffering from mild to severe dementia due to Alzheimer's disease.
• Biofrontera AG BFRA shares climbed 89.3% to $38.46 after climbing over 53% on Tuesday. On Monday, Biofrontera disclosed subscription price for 1.00 % qualified subordinated mandatory convertible bond 2020/2021.
• Cellular Biomedicine Group, Inc. CBMG shares climbed 35% to $19.27 after the company said it has signed a definitive merger agreement to be acquired by a consortium consisting of the company's management, led by CEO Bizuo Liu, which collectively holds about 51.5% of outstanding shares, and private equity investors, for $19.75 in cash for each outstanding share of common stock.
• Summer Infant, Inc. SUMR climbed 34.7% to $18.72 after the company swung to a profit during the second quarter.
• The Pennant Group, Inc. PNTG shares rose 30% to $33.96 after reporting better-than-expected Q2 results.
• EyeGate Pharmaceuticals, Inc. EYEG gained 29.1% to $5.33 after the company announced it has received positive feedback following its pre-IND meeting with the FDA and has been provided a path forward for the development of MoxiGel, a combination product for the treatment of bacterial conjunctivitis.
• Xpel Inc XPEL climbed 26.4% to $26.12 after the company reported better-than-expected Q3 results.
• Aemetis, Inc. AMTX climbed 25.3% to $3.2699. Aemetis shares jumped 17% on Tuesday after the company highlighted the launch of Aemetis health products subsidiary.
• Alpha and Omega Semiconductor Limited AOSL shares gained 23% to $14.07 following stronger-than-expected Q4 results.
• Horizon Global Corporation HZN surged 22.9% to $6.88 after jumping 22% on Tuesday. Horizon Global posted a Q2 loss of $0.64 per share last week.
• Cassava Sciences, Inc. SAVA gained 22.2% to $3.5708 after reporting a narrower Q2 loss.
• Pacific Biosciences of California, Inc. PACB rose 21.5% to $5.43 after the company priced its 19 million share public offering of common stock at $4.47 per share.
• Boxlight Corporation BOXL surged 21% to $2.43 after the company announced a strategic partnership with Samsung for the US education market.
• DarioHealth Corp. DRIO climbed 20.8% to $16.41 following better-than-expected Q2 results.
• Cornerstone Building Brands Inc CNR rose 19.8% to $8.77 after the company reported better-than-expected Q2 sales.
• LightInTheBox Holding Co., Ltd. LITB gained 17.5% to $2.82 after dipping 27% on Tuesday.
• Trevi Therapeutics, Inc. TRVI rose 16.2% to $6.76 after cliumbing 20% on Tuesday. Trevi Therapeutics is expected to report Q2 results on August 13.
• Pacific Ethanol, Inc. PEIX climbed 16% to $4.0594 after the company reported better-than-expected Q2 results.
• Lincoln Educational Services Corporation LINC gained 15.3% to $6.25. Lincoln Educational reported mixed quarterly results on Tuesday.
• Crown Crafts, Inc. CRWS gained 14.5% to $5.62 after the company reported better-than-expected Q1 results.
• Hudbay Minerals Inc. HBM shares climbed 12.8% to $3.87 following Q2 results.
• Inari Medical, Inc. NARI gained 11.4% to $ 69.19 after reporting stronger-than-expected Q2 results.
• eGain Corporation EGAN gained 11.3% to $11.72. eGain reported preliminary results for the fourth quarter.
• Daseke, Inc. DSKE shares surged 10.6% to $ 6.98.
• Tesla Inc TSLA rose 8.5% to $1,493.01 after reporting a 5-for-1 stock split, effective August 31, 2020.
• Biomerica, Inc. BMRA climbed 6% to $9.06 after the company reported notice of allowance for new U.S. patent application covering diagnostic guided therapy for irritable bowel syndrome.
• XpresSpa Group, Inc. XSPA rose 5.8% to $3.5650. On Tuesday, XpresSpa Reported that purported derivative suit filed in June 2019 by Moreton Binn and Marisol Binn against the company has been dismissed.
• American Eagle Outfitters Inc AEO gained 4.5% to $12.08 after JP Morgan upgraded the company's stock from Neutral to Overweight.

Check out these big penny stock gainers and losers

Losers

• OneSpan Inc. OSPN shares fell 34.8% to $20.33 after the company reported weaker-than-expected Q2 results. Needham lowered the price target on the stock from $31 to $29.
• Jumia Technologies AG JMIA fell 28.3% to $11.73 after the company reported its Q2 earnings results and reached an agreement to resolve class action lawsuits filed in the US District Court And New York County Supreme Court.
• Kingold Jewelry, Inc. KGJI fell 28.2% to $0.43 after the company reported voluntary delisting from the NASDAQ Capital Market, effective August 21.
• Staffing 360 Solutions Inc STAF shares dipped 26.4% to $0.7649 after the company reported Q2 earnings, noting that they were negatively impacted by the economic downturn resulting from the Covid-19 pandemic.
• Super League Gaming, Inc. SLGG fell 21.8% to $2.5115 after the company reported a loss for the second quarter.
• VirTra, Inc. VTSI dropped 18.6% to $3.63 following Q2 results. VirTra posted a Q2 loss of $0.08 per share on sales of $2.77 million.
• Sorrento Therapeutics, Inc. SRNE fell 18% to $11.55 after dropping 25% on Tuesday.
• Kubient Inc KBNT dropped 18% to $4.10. Kubient priced its upsized 2.5 million unit IPO at $5 per unit.
• Novavax, Inc. NVAX dipped 17.1% to $123.97 with as investors weighing competitive concerns as other coronavirus vaccine makers see continued progress.
• Trevena, Inc. TRVN fell 15.7% to $2.31 after the company reported a proposed common stock offering.
• Adamis Pharmaceuticals Corporation ADMP fell 15.7% to $0.9601 after declining over 7% on Tuesday.
• SCWorx Corp. WORX tumbled 14.5% to $2.06 after dropping 22% on Tuesday.
• HTG Molecular Diagnostics, Inc. HTGM fell 14.4% to $0.5580 following wider-than-expected quarterly loss.
• Super Micro Computer, Inc. SMCI fell 14.4% to $26.10 following Q4 results.
• Vaxart, Inc. VXRT dipped 14% to $9.25. HC Wainwright & Co. maintained Vaxart with a Buy rating and raised the price target from $7 to $17. Vaxart, on Monday, filed for an investigational new drug application for a coronavirus vaccine.
• Co-Diagnostics, Inc. CODX fell 14% to $20.00. Co-Diagnostics is projected to report Q2 earnings on August 13.
• Aethlon Medical, Inc. AEMD dropped 13.2% to $1.64 after the company posted Q1 results.
• Intellicheck Inc IDN fell 13% to $7.27 after the company reported Q2 earnings results.
• Braemar Hotels & Resorts, Inc. BHR dipped 12.7% to $2.67.
• ThermoGenesis Holdings, Inc. THMO fell 12.7% to $4.9301. ThermoGenesis said it will delay Q2 earnings release until Friday August 14, 2020.
• Red Robin Gourmet Burgers, Inc. RRGB fell 12.4% to $9.55 after reporting downbeat quarterly results.
• T2 Biosystems, Inc. TTOO fell 12.1% to $1.6431 after the company reported a Q2 loss of $0.09 per share.
• Capricor Therapeutics, Inc. CAPR dropped 12.1% to $5.91.
• ZIOPHARM Oncology, Inc. ZIOP shares declined 11.8% to $2.99. ZIOPHARM Oncology, last week, reported a Q2 loss of $0.09 per share.
• Personalis Inc PSNL fell 11.6% to $18.74 after the company priced its 6.5 million share public offering of common stock at $19 per share.
• Synacor Inc SYNC fell 10.5% to $1.19 after the company reported worse-than-expected Q2 sales.
• Sunesis Pharmaceuticals, Inc. SNSS fell 9% to $0.2986 after reporting a Q2 loss of $0.06 per share.
• Plug Power Inc. PLUG fell 9% to $10.30 after the company announced it is commencing a registered public offering of $300 million of its common stock.
• AzurRx BioPharma, Inc. AZRX shares fell 7.5% to $0.9524 after reporting interim data from its first patient cohort in the Phase 2 clinical trial of its MS1819.
• Immutep Limited IMMP fell 6.6% to $1.28. On Tuesday, Immutep announced it has been granted a US Patent for Eftilagimod Alpha in Chemo-immunotherapy combination.
• K12 Inc. LRN fell 5.6% to $44.54 despite the company reported better-than-expected Q4 results.
• Overstock.com, Inc. OSTK fell 5% to $87.39 after the company disclosed a 1.7 million share common stock offering.