Market Overview

15 Biggest Mid-Day Gainers For Thursday

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  • Hutchinson Technology Incorporated (NASDAQ: HTCH) shares jumped 166.4 percent to $3.97 as the company disclosed that the U.S. Federal Trade Commission has allowed early termination of TDK merger waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
  • WCI Communities Inc (NYSE: WCIC) shares climbed 39.8 percent to $23.99 after Lennar Corporation (NYSE: LEN) announced plans to buy the company for $23.50 per share in cash and stock.
  • Anavex Life Sciences Corp. (NASDAQ: AVXL) surged 25.3 percent to $3.27as the company disclosed that ANAVEX 2-73 shows efficacy to support potential disease modification in Parkinson's disease.
  • Collegium Pharmaceutical Inc (NASDAQ: COLL) shares rose 20.2 percent to $15.41. Collegium Pharmaceutical shares have dropped 40.12 percent over the past 52 weeks, while the S&P 500 index has gained 11.34 percent in the same period.
  • Aegerion Pharmaceuticals, Inc. (NASDAQ: AEGR) shares jumped 18.1 percent to $2.74. Aegerion Pharmaceuticals shares have declined 85.88 percent over the past 52 weeks, while the S&P 500 index has increased 11.34 percent in the same period.
  • T2 Biosystems Inc (NASDAQ: TTOO) rose 13.5 percent to $7.38 after the company disclosed a $40 million equity investment by partner Canon U.S.A.
  • FormFactor, Inc. (NASDAQ: FORM) rose 12.1 percent to $10.81. Craig-Hallum initiated coverage on FormFactor with a Buy rating.
  • Fate Therapeutics Inc (NASDAQ: FATE) climbed 11.6 percent to $3.55. Roth Capital initiated coverage on Fate Therapeutics with a Buy rating.
  • Novavax, Inc. (NASDAQ: NVAX) shares gained 10 percent to $2.13 after surging 32.88 percent on Wednesday.
  • SeaWorld Entertainment Inc (NYSE: SEAS) shares gained 7.8 percent to $13.24. Citigroup upgraded SeaWorld from Neutral to Buy.
  • Sarepta Therapeutics Inc (NASDAQ: SRPT) rose 6.5 percent to $59.88 after the company reported a proposed public offering of common stock up to $225 million.
  • Red Hat Inc (NYSE: RHT) shares rose 4.3 percent to $80.32 after the company posted upbeat results for its second quarter and raised its FY16 outlook.
  • Puma Biotechnology Inc (NYSE: PBYI) shares rose 2.8 percent to $80.32. Stifel Nicolaus upgraded Puma Biotechnology from Hold to Buy.
  • Alibaba Group Holding Ltd (NYSE: BABA) shares rose 2.1 percent to $108.17. Stifel raised its price target on Alibaba from $104.00 to $125.00.
  • Amazon.com, Inc. (NASDAQ: AMZN) shares gained 2 percent to $803.79. BMO Capital increased Amazon.com price target from $875 to $900.

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

 

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