Market Overview

Afternoon Market Gainers

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Frontline Ltd. (NYSE: FRO) soared 26.20 percent to $2.36 after the company announced equity distribution agreement for up to $40 million.

Kandi Technologies (NASDAQ: KNDI) jumped 20.08 percent to $7.53 after the company announced progress for charging stations in Hangzhou City.

Clearfield (NASDAQ: CLFD) popped 12.45 percent to $13.10 on report that the company announced FieldSmart Fiber Distribution Point.

Canadian Solar (NASDAQ: CSIQ) spiked 11.17 percent to $10.45 after Nomura raised its price target to $25.00.

Yingli Green Energy (NYSE: YGE) jumped 10.45 percent to $3.17 on report that 3 GW of new solar photovoltaic plants are being developed in China.

Unilife (NASDAQ: UNIS) traded up 9.72 percent to $3.16. Shares of Unilife have dropped over 25 percent over the past 52 weeks, while the S&P 500 index has gained over 23 percent.

Genco Shipping & Trading (NYSE: GNK) popped 12.13 percent to $1.53 showing resistance at $1.55.

Alimera Sciences (NASDAQ: ALIM) traded up 8.71 percent to $5.49 on announcement that the Appraisal Committee of the United Kingdom's National Institute for Health and Care Excellence (NICE) has issued a positive Appraisal Consultation Document (ACD) on ILUVIEN® for the treatment of pseudophakic patients with chronic diabetic macular edema (DME) considered insufficiently responsive to available therapies.

Chelsea Therapeutics International (NASDAQ: CHTP) traded up 10.57 percent to $2.72 on report that the company's shares are charged higher than the amended 13D filling from Josiah Austin showing reduced stake to 6.92 percent.

Posted-In: News Economics Intraday Update Markets Movers Reviews

 

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