- Straight Path Communications Inc STRP shares jumped 146.7 percent to $90. AT&T Inc. NYSE announced an agreement to acquire Straight Path in a deal valued at $1.6 billion, including liabilities.
- Cytori Therapeutics Inc CYTX shares rose 40.15 percent to $1.92 after the company announced that the FDA had approved an Investigational Device Exemption (IDE) for a pilot clinical trial to evaluate Cytori Cell Therapy in patients with thermal burn injury.
- Axovant Sciences Ltd AXON shares climbed 28.42 percent to $19.43 after the company named David Hung as its new CEO, effective April 7.
- Sito Mobile Ltd SITO shares rose 24.64 percent to $2.63. The company had named Lawrence Firestone as its interim CFO last month.
- Geron Corporation GERN shares were up 19.53 percent to $2.57, after the company announced that a second internal review of imetelstat's ongoing clinical trials for two blood-based malignancies warrants further investigation for both indications.
- Swift Transportation Co SWFT shares jumped 22.08 percent to $24.44 on news of the company’s merger with Knight Transportation in an all-stock transaction.
- Windtree Therapeutics Inc WINT shares rose 11.93 percent to $1.22. The top-line results from phase 2b of the company’s aerosolized KL4 surfactant therapies for respiratory diseases is expected in mid-2017.
- Galectin Therapeutics Inc GALT shares surged 15.33 percent to $3.31. The company received positive FDA feedback.
- Everi Holdings Inc EVRI shares rose 14.58 percent to $5.50 after the company released preliminary Q1 results and announced plans to refinance some of its outstanding debt.
- Cyclacel Pharmaceuticals Inc CYCC shares rose 12.33 percent to $6.65 after the company reported positive results for its new product for the treatment of lung cancer patients.
- BioTelemetry, Inc. BEAT shares climbed 13.00 percent to $30.85. The company has entered into a definitive agreement to acquire the outstanding shares of LifeWatch AG.
- Medallion Financial Corp MFIN shares rose 12.30 percent to $2.07. Research firm Alpha One, which ranks companies on a scale of negative one to positive one, gave Medallion Financial Corp a daily sentiment score of 0.14.
- Knight Transportation Inc. KNX shares were up 12.81 percent to $34.58 on news of the company’s merger with Swift Transportation in an all-stock transaction.
- Gemphire Therapeutics Inc GEMP shares climbed 11.98 percent to $11.50. Jefferies issued its Q1 2017 EPS estimate for Gemphire Therapeutics at ($0.84), while reiterating a Buy rating and a price target of $17.
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