28 Stocks Moving In Monday's Mid-Day Session

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Gainers

  • Seven Stars Cloud Group Inc SSC jumped 59.1 percent to $ 3.15 after announcing a $24 billion deal to conduct financing activities for National Transportation Capacity Company.
  • China Commercial Credit Inc GLG climbed 37.5 percent to $0.8112 after the company late Friday reported positive Q2 earnings compared with a loss last year.
  • Cheetah Mobile Inc. CMCM gained 15.2 percent to $10.48 after the company posted upbeat Q2 results.
  • China Biologic Products Holdings Inc CBPO jumped 11 percent to $102.11 after a leading investor group proposed to acquire the company for $118.00 per share in cash.
  • Huami Corporation HMI rose 10.9 percent to $11.48 after the company reported strong earnings for its second quarter.
  • Amneal Pharmaceuticals, Inc. AMRX surged 10.6 percent to $23.80 after the specialty pharmaceutical company announced a new supply agreement. As part of a 10-year license and supply agreement for Levothyroxine sodium tablets with Jerome Stevens Pharmaceuticals, Amneal will receive a upfront milestone payment upon commercialization and a profit share on future sales.
  • Black Box Corporation BBOX shares gained 10 percent to $1.803 after the digital solutions provider said it reached an agreement to sell a business. The company reached an agreement to sell its Federal Government IT Services business to a private equity firm for $75 million in cash.
  • Sodastream International Ltd SODA rose 9.7 percent to $142.38 after PepsiCo, Inc. PEP announced plans to acquire the company for $144 per share in cash.
  • Partner Communications Company Ltd. PTNR shares jumped 9.4 percent to $4.32.
  • Cronos Group Inc. CRON gained 8.7 percent to $7.11.
  • Daxor Corporation DXR gained 7.4 percent to $4.62.
  • MiX Telematics Limited MIXT surged 7 percent to $16.05.
  • Aurora Mobile Limited JG gained 6.1 percent to $6.31. Goldman Sachs initiated coverage on Aurora Mobile with a Buy rating
  • Medigus Ltd. MDGS rose 5.7 percent to $3.100.
  • Link Motion Inc (ADR) LKM gained 5.4 percent to $1.07 after the company announced a partnership with Ali Baba's online travel agency Fliggy to launch a "smart scenic spot" project in Hangzhou.
  • Novan, Inc. NOVN shares rose 5.3 percent to $2.58 after the company said it will advance the development of SB414 as a treatment for atopic dermatitis and conduct additional exploratory trials in psoriasis and acne rosacea. The announcement follows what the company says is "promising" clinical results in a recently completed Phase 1b trial.

 

Check out these big penny stock gainers and losers

Losers

  • Lannett Company, Inc. LCI shares dipped 57.4 percent to $5.75 after the company issued weak forecast for the fourth quarter. The company also disclosed that its contract Jerome Stevens Pharma will not be renewed.
  • China Advanced Construction Materials Group, Inc. CADC fell 15.6 percent to $4.60.
  • Rimini Street, Inc. RMNI dropped 14.3 percent to $4.13.
  • NF Energy Saving Corporation NFEC fell 12.6 percent to $4.85.
  • Idera Pharmaceuticals, Inc. IDRA shares declined 11.7 percent to $7.7733.
  • Origin Agritech Limited SEED dipped 11.2 percent to $5.49.
  • YogaWorks, Inc. YOGA dropped 11 percent to $1.0503. Cowen & Co. downgraded Yogaworks from Outperform to Market Perform.
  • Achaogen, Inc. AKAO shares fell 7.4 percent to $5.48.
  • China Rapid Finance Limited XRF shares dropped 7.1 percent to $2.6857.
  • Reed's, Inc. REED shares fell 6.3 percent to $2.25.
  • Exelixis, Inc. EXEL tumbled 5.9 percent to $18.07.
  • Infosys Limited INFY fell 3.7 percent to $20.30. The company’s Chief Financial Officer Ranganath announced his resignation.
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