- Lpath, Inc. 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 FATE gained 19.90 percent to $2.01 as the company reported the FDA Fast Track designation for ProTmune.
- Neovasc Inc (US) 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 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 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 MUR gained 6 percent to $31.11. Raymond James upgraded Murphy Oil from Underperform to Market Perform.
- Vale SA (ADR) VALE shares surged 5.9 percent to $4.72. Mosaic Co MOS is said to be in talks to acquire Vale fertilizer unit, according to sources as reported by Reuters on Friday.
- Chesapeake Energy Corporation CHK shares rose 5 percent to $4.74. Crude oil traded gained 2.5 percent to $49.17 a barrel.
- Spirit Airlines Incorporated 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 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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