Market Overview

10 Biggest Mid-Day Gainers For Monday

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  • CIFC LLC (NASDAQ: CIFC) shares climbed 58.9 percent to $10.98 after the company agreed to be acquired by F.A.B. Partners for $333 million in cash.
  • RLJ Entertainment Inc (NASDAQ: RLJE) shares gained 58.2 percent to $3.10. RLJ Entertainment shares have climbed 67.44 percent over the past 52 weeks, while the S&P 500 index has gained 15.35 percent in the same period.
  • StemCells Inc (NASDAQ: STEM) shares rose 43.6 percent to $1.78. StemCells shares have dropped 72.81 percent over the past 52 weeks, while the S&P 500 index has gained 15.35 percent in the same period.
  • Lantronix Inc (NASDAQ: LTRX) gained 24.8 percent to $1.60. Lantronix reported the launch of a new premier partner program, Lantronix SmartAdvantage. The company is expected to report its Q4 financial results on August 23, 2016.
  • Cyclacel Pharmaceuticals Inc (NASDAQ: CYCC) shares rose 23 percent to $8.52. Tang Capital Partners disclosed a 9.6 percent passive stake in Cyclacel Pharmaceuticals, according to a regulatory filing.
  • Medivation Inc (NASDAQ: MDVN) shares surged 19.7 percent to $80.41. Pfizer Inc (NYSE: PFE) and Medivation struck a definitive deal through which the former would buy the latter for $81.50 a share in cash.
  • Intersil Corp (NASDAQ: ISIL) shares gained 19.6 percent to $18.71 following a report it was near a deal to be acquired by Renesas Electronics for up to $2.99 billion.
  • Syngenta AG (ADR) (NYSE: SYT) gained 10.3 percent to $87.73 after a U.S. national security panel cleared its acquisition by ChemChina.
  • Valeant Pharmaceuticals Intl Inc (NYSE: VRX) rose 8.1 percent to $31.07. Valeant Pharma named Paul Herendeen as new CFO.
  • Cardiovascular Systems Inc (NASDAQ: CSII) gained 4.8 percent to $23.69. Leerink Swann upgraded Cardiovascular Systems from Market Perform to Outperform.

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

 

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