Market Overview

15 Biggest Mid-Day Gainers For Monday



  • Sarepta Therapeutics Inc (NASDAQ: 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 (NASDAQ: ISLE) shares climbed 31 percent to $22.14. Eldorado Resorts, Inc. (NYSE: 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. (NASDAQ: 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 (NASDAQ: TECD) shares jumped 21.9 percent to $84.50 as the company reached a deal with Avnet, Inc. (NYSE: 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 (NASDAQ: 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 (NYSE: 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. (NASDAQ: EVBG) shares surged 13.2 percent to $17.26 after surging 27.08 percent on Friday.
  • CoLucid Pharmaceuticals Inc (NASDAQ: CLCD) shares gained 9.3 percent to $30.69 after the company issued an interim update on its Phase 3 GLADIATOR study.
  • Avnet, Inc. (NYSE: AVT) shares gained 9 percent to $42.74 after the company agreed to sell Technology Solutions business to Tech Data Corp (NASDAQ: TECD) for $2.6 billion.
  • Geron Corporation (NASDAQ: GERN) shares rose 8.2 percent to $2.03 after dropping 4.57 percent on Friday.
  • United States Steel Corporation (NYSE: X) shares gained 8 percent to $17.18. KeyBanc upgraded United States Steel from Underweight to Sector Weight.
  • NovaBay Pharmaceuticals, Inc. (NYSE: 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. (NASDAQ: ZEUS) gained 6.6 percent to $19.71. KeyBanc upgraded Olympic Steel from Underweight to Sector Weight.
  • General Motors Company (NYSE: 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. (NASDAQ: MAT) gained 2.3 percent to $31.97. Monness Crespi Hardt upgraded Mattel from Neutral to Buy.

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


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