20 Biggest Mid-Day Gainers For Tuesday

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  • Catalyst Biosciences Inc CBIO shares jumped 219.6 percent to $17.16 after the company reported IND approval in South Korea for next-gen subcutaneous Factor IX program.
  • Exeter Resource Corp XRA shares gained 56.5 percent to $1.82 after the company agreed to be acquired by Goldcorp.
  • Akers Biosciences Inc AKER shares climbed 51.5 percent to $2.12 after the company disclosed that it has received an initial order for its rapid cholesterol self-test from First Check Diagnostics, LLC.
  • Power Solutions International Inc PSIX shares climbed 37.3 percent to $8.79 after Weichai America reported a $60 million investment in the company.
  • Omeros Corporation OMER gained 28.2 percent to $16.25. Omeros reported OMS721 presentation at the Annual Meeting of the European Society for Blood and Marrow Transplantation.
  • Gravity Co., LTD. (ADR) GRVY jumped 23.3 percent to $23.70.
  • Osiris Therapeutics, Inc. OSIR shares gained 21.5 percent to $4.80 after the company reported that it has completed restatement of 2014 financial statements.
  • ITUS Corp ITUS shares jumped 15 percent to $3.45.
  • Safe Bulkers, Inc. SB shares surged 13.8 percent to $2.14. Morgan Stanley upgraded Safe Bulkers from Equal-Weight to Overweight.
  • Genco Shipping & Trading Limited GNK shares gained 10 percent to $12.16. Morgan Stanley upgraded Genco Shipping from Underweight to Equal-Weight.
  • Darden Restaurants, Inc. DRI shares surged 8.9 percent to $82.30 after the company reported upbeat earnings for its fourth quarter and raised its FY 2017 guidance. The company also announced plans to acquire Cheddar's Scratch Kitchen for $780 million.
  • Highpower International Inc HPJ shares climbed 8 percent to $4.05. Highpower reported Q4 earnings of $0.42 per share on revenue of $173.9 million.
  • Golden Ocean Group Ltd GOGL rose 7.6 percent to $7.99. Morgan Stanley upgraded Golden Ocean Group from Underweight to Overweight.
  • Pernix Therapeutics Holdings Inc PTX rose 7.4 percent to $4.48. Pernix Therapeutics is expected to report earnings today.
  • Cara Therapeutics Inc CARA gained 6.8 percent to $19.38 as the company reported that Part A of Phase 2/3 trial of I.V. CR845 has met both primary and secondary endpoints.
  • Ocwen Financial Corp OCN shares rose 6 percent to $5.17. Reuters reported that Ocwen entered into Consent Order with the NY Dept. of Financial Services.
  • Editas Medicine Inc EDIT rose 4.8 percent to $21.69 after gaining 7.42 percent on Monday. Chardan Capital initiated coverage on Editas Medicine with a Buy rating.
  • Star Bulk Carriers Corp. SBLK shares jumped 15.6 percent to $11.70. Morgan Stanley upgraded Star Bulk Carriers from Underweight to Overweight.
  • Red Hat Inc RHT rose 5.4 percent to $86.60. Red Hat reported in-line earnings or its fourth quarter, while sales exceeded expectations. The company also issued a strong forecast for FY 2017.
  • Tesla Inc TSLA shares rose 2.4 percent to $276.60 after Tencent Holdings Ltd reported a 5 percent passive stake in the company.
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