Afternoon Market Gainers
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.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.