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10 Biggest Mid-Day Gainers For Monday

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  • Lpath, Inc. (NASDAQ: LPTN) shares jumped 58.17 percent to $3.29 as the company reported that it has been awarded a $1.45 million 2-year grant for traumatic brain injury pain study.
  • Fate Therapeutics Inc (NASDAQ: FATE) gained 19.90 percent to $2.01 as the company reported the FDA Fast Track designation for ProTmune.
  • Neovasc Inc (US) (NASDAQ: NVCN) shares surged 17.66 percent to $0.900 as the company reported that positive results for Reducer system treatment for refractory angina were published in The Netherlands Heart Journal.
  • Cerus Corporation (NASDAQ: CERS) shares gained 8.77 percent to $6.20 as the company announced an agreement Sunday with the BARDA for potential funding of up to $180 million to advance INTERCEPT red blood cell program.
  • Yelp Inc (NYSE: YELP) shares rose 7.65 percent to $28.98. Deutsche Bank upgraded Yelp from Hold to Buy and raised the price target from $26.00 to $33.00.
  • Murphy Oil Corporation (NYSE: MUR) gained 6 percent to $31.11. Raymond James upgraded Murphy Oil from Underperform to Market Perform.
  • Vale SA (ADR) (NYSE: VALE) shares surged 5.9 percent to $4.72. Mosaic Co (NYSE: MOS) is said to be in talks to acquire Vale fertilizer unit, according to sources as reported by Reuters on Friday.
  • Chesapeake Energy Corporation (NYSE: CHK) shares rose 5 percent to $4.74. Crude oil traded gained 2.5 percent to $49.17 a barrel.
  • Spirit Airlines Incorporated (NASDAQ: SAVE) gained 5 percent to $44.50. Credit Suisse upgraded Spirit Airlines from Neutral to Outperform, while raising the target price from $44 to $55.
  • Inovio Pharmaceuticals Inc (NYSE: INO) shares rose 3 percent to $10.78 in pre-market trading. Inovio Pharmaceuticals and GeneOne Life Science reported that they have received approval for first-in-man Zika vaccine clinical trial.
 

Related Articles (LPTN + FATE)

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Posted-In: Mid-Day MoversNews Intraday Update Markets Movers

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