15 Biggest Mid-Day Gainers For Monday - Avnet (NASDAQ:AVT)

Sarepta Therapeutics Inc SRPT shares jumped 80 percent to $50.61 after the U.S. Food and Drug Administration confirmed in a letter it granted the company with an accelerated approval for its Eteplirsen drug.
Isle of Capri Casinos ISLE shares climbed 31 percent to $22.14. Eldorado Resorts, Inc. ERI and Isle of Capri Casinos, Inc. struck a merger deal through which the former would buy the latter for $23 a share in cash or 1.638 shares.
PTC Therapeutics, Inc. PTCT shares surged 24.6 percent to $11.35. PTC Therapeutics shares have dipped 74.14 percent over the past 52 weeks, while the S&P 500 index has gained 8.75 percent in the same period.
Tech Data Corp TECD shares jumped 21.9 percent to $84.50 as the company reached a deal with Avnet, Inc. AVT enabling it to buy the latter's Technology Solutions business. The transaction comprises cash component of $2.4 billion and 2.785 million shares of Tech Data resulting in a total value of about $2.6 billion.
Tantech Holdings Ltd TANH rose 20 percent to $2.80. Tantech shares have declined 90.79 percent over the past 52 weeks, while the S&P 500 index has increased 8.75 percent in the same period.
Infoblox Inc BLOX shares surged 15 percent to $26.26 as the company announced its acquisition by Vista Equity Partners for $26.50 per share in cash.
Everbridge, Inc. EVBG shares surged 13.2 percent to $17.26 after surging 27.08 percent on Friday.
CoLucid Pharmaceuticals Inc CLCD shares gained 9.3 percent to $30.69 after the company issued an interim update on its Phase 3 GLADIATOR study.
Avnet, Inc. AVT shares gained 9 percent to $42.74 after the company agreed to sell Technology Solutions business to Tech Data Corp TECD for $2.6 billion.
Geron Corporation GERN shares rose 8.2 percent to $2.03 after dropping 4.57 percent on Friday.
United States Steel Corporation X shares gained 8 percent to $17.18. KeyBanc upgraded United States Steel from Underweight to Sector Weight.
NovaBay Pharmaceuticals, Inc. NBY shares rose 7.2 percent to $3.73 after the company disclosed that its Auriclosene has met primary endpoint in Phase 2b trial.
Olympic Steel, Inc. ZEUS gained 6.6 percent to $19.71. KeyBanc upgraded Olympic Steel from Underweight to Sector Weight.
General Motors Company GM rose 3.3 percent to $31.99. Morgan Stanley upgraded General Motors from Equal-weight to Overweight and raised the price target from $29.00 to $37.00.
Mattel, Inc. MAT gained 2.3 percent to $31.97. Monness Crespi Hardt upgraded Mattel from Neutral to Buy.

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