10 Biggest Mid-Day Gainers For Tuesday

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  • ReachLocal Inc. RLOC shares jumped 169 percent to $4.55 after Gannett Co Inc GCI announced its plans to acquire the company for $4.60 per share.
  • New Concept Energy, Inc. GBR shares rose 71 percent to $2.36.
  • Zosano Pharma Corp ZSAN shares climbed 66 percent to $1.85.
  • Xencor Inc XNCR shares surged 36.5 percent to $17.11 after the company announced strategic collaboration with Novartis AG (ADR) NVS. Novartis will receive ex-US rights to XmAb 14045 and XmAb 13676.
  • Twilio Inc TWLO gained 20.2 percent to $32.75.
  • China Jo-Jo Drugstores Inc CJJD shares climbed 13.3 percent to $1.88. China Jo-Jo Drugstores reported Q4 earnings of $0.05 per share on revenue of $20.469 million.
  • Immunomedics, Inc. IMMU shares gained 8.8 percent to $2.17 after the company announced a patent for sacituzumab govitecan.
  • EnLink Midstream LLC ENLC rose 5.4 percent to $15.64. Baird upgraded EnLink Midstream from Underperform to Neutral.
  • SolarCity Corp SCTY gained 5 percent to $23.75. SolarCity reported formation of special committee to evaluate Tesla Motors Inc TSLA proposal. Avondale Partners upgraded SolarCity from Market Perform to Market Outperform.
  • Lannett Company, Inc. LCI shares gained 3.6 percent to $23.64 after the company reported the FDA approval for Diazepam Oral Solution, 5 mg/5 mL.
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