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Market Overview

10 Biggest Mid-Day Gainers For Thursday

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  • Five Star Quality Care, Inc. (NYSE: FVE) shares rose 40.24 percent to $2.37 after the company announced a purchase and lease transaction for $112.4 million.
  • Care.com Inc (NYSE: CRCM) shares jumped 38.84 percent to $11.76. Google Capital is making a $46.35 million investment in Care.com and Laela Sturdy of Google Capital will join Care.com board.
  • Higher One Holdings, Inc (NYSE: ONE) shares surged 36.5 percent to $5.11 after the company struck a definitive agreement to sell the company to Blackboard affiliate for $5.15 per share in cash.
  • Hershey Co (NYSE: HSY) shares rose 15.1 percent to $111.86 following a report that Mondelez International Inc (NASDAQ: MDLZ) presented a takeover bid. The Wall Street Journal, citing "people familiar with the matter," stated Mondelez sent a letter to Hershey, which proposed a combination of their businesses.
  • EXACT Sciences Corporation (NASDAQ: EXAS) shares gained 15 percent to $13.00. EXACT Sciences is expected to report Q2 financial results on July 26, 2016.
  • Silver Spring Networks Inc (NYSE: SSNI) shares surged 12.2 percent to $12.07. Raymond James upgraded Silver Spring Networks from Outperform to Strong Buy with a price target of $16.00.
  • Mobileye NV (NYSE: MBLY) gained 11.6 percent to $46.81 after Bloomberg reported that the company was working with BMW and Intel on self-driving cars.
  • Starz (NASDAQ: STRZA) surged 10 percent to $31.06 after Lions Gate Entertainment announced plans to acquire the company for $4.4 billion in cash and stock.
  • Shutterstock Inc (NASDAQ: SSTK) shares climbed 7.6 percent to $45.97 in pre-market trading. Shutterstock will replace Southwest Gas Corporation (NYSE: SWX) in the S&P SmallCap 600 after the close of trading on June 30.
  • McCormick & Company, Incorporated (NYSE: MKC) gained 4 percent to $106.85 after the company posted better-than-expected Q2 earnings.
 

Related Articles (FVE + CRCM)

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

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