Market Overview

18 Biggest Mid-Day Gainers For Thursday

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  • AEP Industries (NASDAQ: AEPI) shares jumped 44.2 percent to $111.00. Berry Plastics Group, Inc. (NYSE: BERY) and AEP Industries reached a definitive deal by which the former would buy the latter in a cash and stock transaction worth about $765 million.
  • Guess?, Inc. (NYSE: GES) shares climbed 24.1 percent to $18.49 after the company reported better-than-expected Q2 earnings and raised earnings forecast for FY 2017. However, the company missed analysts’ sales estimates.
  • Vanda Pharmaceuticals Inc. (NASDAQ: VNDA) shares rose 23 percent to $14.46. Vanda Pharmaceuticals shares have gained 6.14 percent over the past 52 weeks, while the S&P 500 index has climbed 16.48 percent in the same period.
  • Chembio Diagnostics Inc (NASDAQ: CEMI) shares surged 13.5 percent to $6.97 as the company reported that it has been awarded up to $13.2 million U.S. government contract to develop and commercialize point-of-care tests for Zika virus.
  • John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) rose 11.3 percent to $50.52. John B. Sanfilippo & Son reported Q4 earnings of $0.64 per share on revenue of $231.5 million.
  • Tilly's Inc (NYSE: TLYS) shares gained 9.3 percent to $7.74 after the company posted better-than-expected quarterly results. B. Riley upgraded Tilly's from Neutral to Buy.
  • Horizon Global Corp (NYSE: HZN) shares gained 8.9 percent to $16.85. Horizon Global agreed to acquire Westfalia-Automotive and Terwa.
  • Nymox Pharmaceutical Corporation (NASDAQ: NYMX) shares climbed 8.6 percent to $4.83 after the company posted successful new long-term fexapotide placebo crossover study results.
  • Nomad Foods Limited (NYSE: NOMD) shares climbed 5.6 percent to $10.44. For the three months ended June 30, 2016, Nomad Foods posted a loss of €0.04 per share, versus a loss of €4.41 per share, in the three months ended June 30, 2015.
  • Primoris Services Corp (NASDAQ: PRIM) gained 5.6 percent to $19.59. Seaport Global upgraded Primoris Services from Neutral to Buy.
  • Tiffany & Co. (NYSE: TIF) rose 5.4 percent to $72.60 as the company produced mixed results for the second quarter. While its earnings came in above the estimates, sales missed expectations. The company maintained its full year revenue and EPS forecast.
  • Micron Technology, Inc. (NASDAQ: MU) gained 5.2 percent to $16.32. Nomura Securities reiterated a Buy rating and increased price target on Micron from $16 to $20.
  • Workday Inc (NYSE: WDAY) shares gained 4.5 percent to $83.20. Workday reported a wider-than-expected loss for its second quarter, but sales exceeded analysts’ expectations. The company also issued a weak revenue outlook for the current quarter.
  • Ballard Power Systems Inc. (USA) (NASDAQ: BLDP) rose 4.3 percent to $2.08 as the company reported that its unit Protonex has unveiled clean energy fuel cell propulsion systems for civilian unmanned vehicles.
  • NQ Mobile Inc (ADR) (NYSE: NQ) rose 4.2 percent to $4.47 following announcement of FL Mobile divestment.
  • Burlington Stores Inc (NYSE: BURL) shares rose 3.4 percent to $81.20 as the company reported better-than-expected Q2 earnings.
  • Sanderson Farms, Inc. (NASDAQ: SAFM) shares rose 2.7 percent to $97.75 as the company posted better-than-expected Q3 earnings.
  • Mylan NV (NASDAQ: MYL) rose 2.1 percent to $44.04. Mylan, announced on Thursday an initiative in which it will cover up to $300 of out-of-pocket expenses through the use of a savings card. Mylan's announcement effectively reduced by 50 percent the cost exposure for many patients who were previously paying the full list price for the EpiPen.

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

 

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