10 Biggest Mid-Day Gainers For Friday

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  • Sanchez Production Partners LP SPP shares climbed 34.2 percent to $14.25 as Sanchez Energy Corp SN agreed to sell interest in South Texas processing plant to Sanchez Production Partners. Sanchez Production Partners will also acquire certain non-core assets located in South Texas.
  • Viveve Medical Inc VIVE shares jumped 32 percent to $5.50 after the company reported the FDA clearance for the Viveve System.
  • Lipocine Inc LPCN shares surged 31 percent to $5.47. H.C. Wainwright initiated coverage on Lipocine with a Buy rating and a $25.00 price target.
  • Universal Insurance Holdings, Inc. UVE shares climbed 15.2 percent to $22.48 after dropping 12.24 percent on Thursday. Universal Insurance shares have dropped 41.00 percent over the past 52 weeks, while the S&P 500 index has gained 8.26 percent in the same period.
  • Nova Lifestyle Inc NVFY gained 15 percent to $3.99. Nova Lifestyle shares have climbed 53.54 percent over the past 52 weeks, while the S&P 500 index has gained 8.26 percent in the same period.
  • Gap Inc GPS shares surged 14.6 percent to $26.11 after the company reported a 3 percent decline in its September same-store sales. Its total sales for the month fell 2 percent.
  • HCI Group Inc HCI shares gained 14.5 percent to $29.13. HCI Group shares have declined 38.22 percent over the past 52 weeks, while the S&P 500 index has increased 8.26 percent in the same period.
  • Federated National Holding Co FNHC shares rose 11.4 percent to $18.11. Federated National Holding is expected to release its Q3 financial results on Thursday, November 3, 2016.
  • AxoGen, Inc. AXGN shares climbed 11 percent to $9.15. AxoGen priced its 2.33 million offering at $7.50 per share.
  • Heritage Insurance Holdings Inc HRTG shares gained 7.9 percent to $13.44.
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