55 Biggest Movers From Yesterday

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Gainers

  • MannKind Corporation MNKD surged 89.09 percent to close at $2.08 on Tuesday after the developer of inhaled therapeutic products announced a new collaboration. As part of a new agreement with United Therapeutics Corporation UTHR, MannKind will develop initial commercial supplies of a dry powder formulation of treprostinil for the treatment of pulmonary arterial hypertension and receive an upfront payment of $45 million with another $50 million in potential milestone payments. In return, United Therapeutics will handle global development, regulatory and commercial activities.
  • The9 Limited NCTY shares gained 41.67 percent to close at $1.53 after Chairman and CEO Jun Zhu announced the purchase of $3M of the company's American depository shares under a buyback plan.
  • ESSA Pharma Inc. EPIX rose 37.54 percent to close at $4.47.
  • Recro Pharma, Inc. REPH rose 26.49 percent to close at $8.07 after the company announced it plans to resubmit a New Drug Application (NDA) for postoperative pain management therapy, IV meloxicam.
  • TravelCenters of America LLC TA shares climbed 26.44 percent to close at $5.50 after the company announced it will sell its Minit Mart convenience store business to EG Group for approximately $330.8 million.
  • Innovate Biopharmaceuticals, Inc. INNT shares rose 25.84 percent to close at $8.96 on Tuesday after surging 36.14 percent on Friday.
  • Therapix Biosciences Ltd. TRPX gained 19.23 percent to close at $4.65.
  • Cadiz Inc. CDZI rose 18.75 percent to close at $11.40.
  • Aileron Therapeutics, Inc. ALRN shares gained 18.49 percent to close at $3.46.
  • Tilray, Inc. TLRY rose 18.11 percent to close at $77.01.
  • Scholar Rock Holding Corporation SRRK gained 17.58 percent to close at $20.00.
  • China Advanced Construction Materials Group, Inc. CADC climbed 16.88 percent to close at $4.675.
  • Bovie Medical Corporation BVX climbed 15.92 percent to close at $6.19.
  • Replimune Group, Inc. REPL gained 14.77 percent to close at $22.14 on Tuesday.
  • Mesa Air Group, Inc. MESA surged 14.72 percent to close at $15.82. Cowen & Co. initiated coverage on Mesa Air Group with an Outperform rating, while Raymond James initiated coverage on the stock with a Strong Buy rating.
  • Canopy Growth Corporation CGC gained 14.61 percent to close at $52.40.
  • Liquidia Technologies, Inc. LQDA surged 13.36 percent to close at $17.39 on Tuesday.
  • Cronos Group Inc. CRON rose 12.85 percent to close at $11.15 after the Canada-based cannabis company said it will produce cultured cannabinoids as part of a new partnership with Ginkgo Bioworks, an organism company.
  • resTORbio, Inc. TORC gained 12.85 percent to close at $13.35.
  • Arbutus Biopharma Corporation ABUS gained 12.64 percent to close at $10.25.
  • Bandwidth Inc. BAND rose 12.12 percent to close at $51.08 after KeyBanc raised its price target on the stock from $45 to $64.
  • Tocagen Inc. TOCA gained 12.1 percent to close at $10.93.
  • Ocean Rig UDW Inc ORIG climbed 11.96 percent to close at $30.32. Transocean Ltd. RIG announced plans to acquire Ocean Rig UDW for approximately $2.7 billion in cash and stock.
  • TapImmune, Inc. TPIV gained 11.83 percent to close at $9.64.
  • Advanced Micro Devices, Inc. AMD shares rose 11.48 percent to close at $28.06 on Tuesday.
  • BG Staffing, Inc. BGSF shares gained 11.33 percent to close at $27.12.
  • CPI Card Group Inc. PMTS shares surged 10.13 percent to close at $3.48.
  • R.R. Donnelley & Sons Company RRD surged 9.88 percent to close at $5.56 after Buckingham research upgraded the stock to Buy and raised its price target to $8.
  • Ballard Power Systems Inc. BLDP rose 9.04 percent to close at $3.86 after the company on Friday signed an agreement to divest its non-core power manager business for up to $16 million in cash.
  • RADA Electronic Industries Ltd. RADA climbed 8.68 percent to close at $2.88.
  • Medical Transcription Billing, Corp. MTBC gained 6.93 percent to close at $4.63 after the company announced a cross marketing and selling partnership with Salus Telehealth.
  • Motus GI Holdings, Inc. MOTS rose 6.72 percent to close at $6.83.
  • Chiasma, Inc. CHMA rose 6.38 percent to close at $2.50.

 

Losers

  • Tahoe Resources Inc. TAHO shares dropped 19.48 percent to close at $2.77 on Tuesday after a Guatemalan Constitutional Court reversed a court decision to reinstate the company's Escobal mining license; Mining license will remain suspended.
  • Empresa Distribuidora y Cmrz Nrt SA(ADR) EDN shares declined 15.96 percent to close at $21.01.
  • Aeglea Bio Therapeutics Inc AGLE dipped 15.46 percent to close at $9.24.
  • Banco Macro SA (ADR) BMA shares fell 15.38 percent to close at $36.93.
  • Americas Silver Corporation USAS fell 15.29 percent to close at $2.05.
  • Conn's, Inc. CONN shares dropped 13.17 percent to close at $35.60. Conn's reported better-than-expected results for its second quarter.
  • Orchids Paper Products Company TIS fell 12.53 percent to close at $3.21.
  • Pampa Energia S.A. (ADR) PAM shares dropped 12.09 percent to close at $26.76 on Tuesday.
  • Arcadia Biosciences, Inc. RKDA dipped 11.82 percent to close at $6.04.
  • Applied Optoelectronics, Inc. AAOI dropped 11.22 percent to close at $36.72.
  • GOL Linhas Aéreas Inteligentes S.A. GOL shares fell 11.05 percent to close at $4.91.
  • Grupo Financiero Galicia S.A. (ADR) GGAL shares fell 10.93 percent to close at $20.04.
  • Attunity Ltd. ATTU shares dropped 10.11 percent to close at $18.76.
  • Corporacion America Airports SA CAAP shares declined 9.67 percent to close at $8.22.
  • Scientific Games Corporation SGMS shares dropped 9.24 percent to close at $27.50 on Tuesday.
  • Maiden Holdings, Ltd. MHLD slipped 9.21 percent to close at $3.45.
  • WPP plc WPP fell 7.95 percent to close at $76.22 after reporting 2018 interim results.
  • Seagate Technology plc STX fell 7.71 percent to close at $49.41 on Tuesday. Evercore ISI Group downgraded Seagate from In-Line to Underperform and lowered the price target from $55 to $45.
  • Zai Lab Limited ZLAB fell 7.08 percent to close at $21.12. Zai Lab on Sunday announced a $150 million ADS offering.
  • BBVA Banco Frances S.A. (ADR) BFR shares dropped 7.04 percent to close at $7.92.
  • Transocean Ltd. RIG shares fell 6.69 percent to close at $11.30 after the company announced plans to acquire Ocean Rig UDW Inc ORIG for approximately $2.7 billion in cash and stock.
  • Shoe Carnival, Inc. SCVL dropped 4.39 percent to close at $42.51. Pivotal Research downgraded Shoe Carnival from Buy to Hold.
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