Skip to main content

Market Overview

18 Biggest Mid-Day Gainers For Wednesday

Share:


Sky Solar Holdings Ltd (ADR) (NASDAQ: SKYS) shares jumped 52.8 percent to $4.11 as the company reported the potential sale of certain assets held by Sky Solar Japan for $165 million.

SCYNEXIS Inc (NASDAQ: SCYX) shares climbed 25.2 percent to $2.58. Guggenheim Securities initiated coverage on SCYNEXIS with a Buy rating.

Auris Medical Holding AG (NASDAQ: EARS) shares gained 21.9 percent to $4.68. Auris Medical is expected to announce Q2 financial results on Thursday, August 18, 2016.

Nymox Pharmaceutical Corporation (NASDAQ: NYMX) shares climbed 18.6 percent to $2.38. Nymox Pharma reported private placements of $2.24 million.

Urban Outfitters, Inc. (NASDAQ: URBN) surged 16.3 percent to $36.33 as the company reported stronger-than-expected results for its second quarter on Tuesday.

Mediwound Ltd (NASDAQ: MDWD) gained 14.4 percent to $7.29. Wells Fargo initiated coverage on MediWound with an Outperform rating.
Long Island Iced Tea Corp (NASDAQ: LTEA) rose 13.3 percent to $5.20. On Tuesday, Long Island Iced Tea reported a Q2 loss of $0.42 per share on revenue of $1.6 million.

OSI Systems, Inc. (NASDAQ: OSIS) shares climbed 12.6 percent to $68.29. OSI Systems posted upbeat earnings for its fourth quarter on Tuesday.

Citi Trends, Inc. (NASDAQ: CTRN) shares rose 12.2 percent to $19.89 following Q2 results. Citi Trends posted a Q2 loss of $0.01 per share on revenue of $155.3 million.

Townsquare Media Inc (NYSE: TSQ) gained 11.4 percent to $9.38. Madison Square Garden Co (NYSE: MSG) has acquired a 12 percent stake in Townsquare.

Continental Materials Corporation (NYSE: CUO) rose 10.4 percent to $21.97. Continental Materials reported Q2 earnings of $1.08 per share on sales of $42.721 million.

Valeant Pharmaceuticals Intl Inc (NYSE: VRX) shares rose 10.1 percent to $29.29. Morgan Stanley upgraded Valeant from Equal-weight to Overweight and raised the price target from $33.00 to $42.00.

Aegean Marine Petroleum Network Inc. (NYSE: ANW) shares gained 9.3 percent to $9.63 as the company announced that it will buy back 11.3 million shares owned by Dimitris Melissanidis.

BOS Better OnLine Sol (USA) (NASDAQ: BOSC) shares gained 8.9 percent to $3.69. B.O.S. is expected to release Q2 financial results on Monday, August 29, 2016.

Aurinia Pharmaceuticals Inc (NASDAQ: AUPH) shares climbed 8.7 percent to $2.51 after surging 27.62 percent on Tuesday.

MeetMe Inc (NASDAQ: MEET) shares surged 7.8 percent to $5.41 after reiterating strong guidance figures for its third quarter and full year. For Q3 management expects revenue of $17 million to $17.5 million, which compares to consensus of $17.28 million, and adjusted EBITDA of $6.5 million to $7 million, up at least 25 percent year-over-year.

EZCORP Inc (NASDAQ: EZPW) shares gained 6.8 percent to $9.94. CL King upgraded EZCORP from Neutral to Buy.

Cardinal Financial Corporation (NASDAQ: CFNL) shares gained 5.3 percent to $27.14. Bloomberg TV reported that United Bancshares Inc. (NASDAQ: UBOH) is in talks to acquire Cardinal.

 

Related Articles (SCYX + SKYS)

View Comments and Join the Discussion!

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

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com