Mid-Day Market Movers For Thursday, June 12, 2014

Gainers

• Geron GERN - 30 percent - stock surged after the company announced the FDA had removed a partial clinical hold on the investigator-sponsored clinical trial of imetelstat in myelofibrosis.
• Merus Labs International MSLI - 16 percent - stocks were rallying after the company increased its previously announced financing by three million common shares.
• Sigma Designs SIGM - 15 percent - stocks were trading up after the company beat analysts' estimates for earnings in the first-quarter and received an upgrade from Needham & Company.
• LiveDeal LIVE - 15 percent - stocks surged after the company reported a 244 percent increase in traffic following a recent ad campaign.
• Onconova Therapeutics ONTX - 19 percent - the company's shares have been trading up after the stock was consolidating for the past four days in the 4.2 to 4.6 price range.
• Restoration Hardware RH - 13 percent - shares are up after the company posted better-than-expected earnings and raised its fiscal year expectations.
• Provectus Biopharmaceuticals PVCT - 12 percent - stocks were up after the company discussed an outline of Phase 3 clinical trial of PV-10 to treat melanoma on a conference call on June 19, 2014 at 4 pm.
• Land's End LE - 10 percent - shares spiked after the company posted quarterly results that topped Wall Street expectations.
• MeetMe MEET - 9 percent - stocks were up after posting a new mobile traffic record of 900,000 daily active users.
• TG Therapeutics TGTX - 9 percent - stocks have been rallying amid consolidating in the $6.50 to $7 price range for the past four days.

Losers

• Wave Systems WAVX - 21 percent - shares were down after the company announced its offering of nearly 5.23 million shares of common stock at $1.90/share.
• SouFun Holdings Ltd. SFUN - 15 percent - stock was trading down after the stock received a downgrade from Deutsche Bank.
• Lululemon Athletica LULU - 14 percent - shares were down after the company slashed its full year outlook and CFO announcing resignation.
• Conatus Pharmaceuticals CNAT - 14 percent - stock was trading down in a bullish manner after the stock had been rising over the past five days.
• Vitesse Semiconductor VTSS - 12 percent - priced 7.46 million shares at $3.35 per share for net proceeds ~$23.2 million.
• China XD Plastics Company Ltd. CXDC - 10 percent - stocks continue to fall upon consolidating in the $13 price region for the past three days.
• RadioShack RSH - 10 percent - shares were down after the company posted its ninth successive quarterly loss.
• China Finance Online JRJC - 8 percent - stock behaving in distribution after rallying up $1 to a high of $5/share on Wednesday.
• Document Security Systems DSS - 8 percent - stock coming down after climbing up 33 percent over the past month.
• Chegg CHGG - 6 percent - shares were down after the stock hit the Overbought territory.