Market Overview

Morning Market Gainers

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One Horizon Group Inc (NASDAQ: OHGI) shares climbed 52.90 percent to $2.11 as the company reported that its Aishuo App has won an exclusive VoIP-supply contract for a Chinese satellite operator KeyIdea Information Technology Co., Ltd.

Eleven Biotherapeutics Inc (NASDAQ: EBIO) shares rose 48.17 percent to $6.06. Eleven Biotherapeutics reported a Q2 loss of $0.36 per share on revenue of $114 thousand.

ImmunoCellular Therapeutics Ltd (NYSE: IMUC) gained 29.89 percent to $0.565 as the company announced an agreement with the FDA on a Special Protocol Assessment for ICT-107 Phase 3 registrational trial in glioblastoma.

Planar Systems, Inc. (NASDAQ: PLNR) shares jumped 31.99 percent to $6.14 after the company agreed to be acquired by Leyard for $6.58 per share.

Galectin Therapeutics Inc (NASDAQ: GALT) rose 23.55 percent to $2.94 after the company reported that it has received U.S. Patent notice of allowance for use of Pectin compounds to reduce fibrosis in multiple diseases.

CVD Equipment Corporation (NASDAQ: CVV) shares gained 21.64 percent to $12.59. CVD reported quarterly earnings of $0.21 per share on revenue of $10.4 million.

Ceragon Networks Ltd (NASDAQ: CRNT) rose 17.18 percent to $1.50 on upbeat Q2 earnings.

Appliance Recycling Centers of America (NASDAQ: ARCI) shares gained 12.20 percent to $1.38 after the company reported Q2 earnings of $0.10 per share on revenue of $30.2 million.

GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH) shares surged 7.21 percent to $110.96. Morgan Stanley initiated coverage on GW Pharmaceuticals with a Overweight rating and a $150.00 price target.

News Corp (NASDAQ: NWSA) rose 6.55 percent to $15.05 after the company reported stronger-than-expected earnings for its fiscal fourth quarter. The company also reported that it is reviewing strategic options for its Amplify education unit.

Inotek Pharmaceuticals Corp (NASDAQ: ITEK) shares gained 5.93 percent to $14.30 after the company priced its 5.4 million share offering at $12.75 per share.

Cisco Systems, Inc. (NASDAQ: CSCO) shares gained 3.73 percent to $28.94 after the company reported better-than-expected results for its fiscal fourth quarter on Wednesday.

Posted-In: Market GainersNews Intraday Update Markets Movers

 

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