Market Overview

15 Biggest Mid-Day Gainers For Monday

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  • ContraVir Pharmaceuticals Inc (NASDAQ: CTRV) shares climbed 18 percent to $2.31 after the company disclosed that it has begun dosing the next group in Phase 2a trial.
  • RLJ Entertainment Inc (NASDAQ: RLJE) shares jumped 14.5 percent to $2.29. RLJ Entertainment and AMC Networks Inc (NASDAQ: AMCX) disclosed that they have entered into a strategic partnership for streaming services.
  • Ocean Power Technologies Inc (NASDAQ: OPTT) shares gained 14.1 percent to $3.23 on volume.
  • Quality Systems, Inc. (NASDAQ: QSII) shares rose 8.6 percent to $12.47l. Quality Systems has hired UBS to explore a sale, according to DealReporter sources.
  • Novan Inc (NASDAQ: NOVN) shares gained 8.1 percent to $20.51. JMP Securities initiated coverage on Novan with a Market Outperform rating, while Wedbush initiated coverage on the stock with an Outperform rating.
  • Shineco Inc (NASDAQ: TYHT) shares climbed 6.7 percent to $5.58 after gaining 3.56 percent on Friday.
  • Hasbro, Inc. (NASDAQ: HAS) shares rose 6.4 percent to $81.05 after the company reported better-than-expected results for the third quarter.
  • Take-Two Interactive Software, Inc. (NASDAQ: TTWO) shares gained 6.4 percent to $45.40. Take-Two Interactive is expected to report FQ2 results on November 2, 2016.
  • Omeros Corporation (NASDAQ: OMER) rose 4.9 percent to $7.70 after the company reported positive initial results for its Phase 2 trial of OMS721, a complement inhibitor for renal diseases.
  • SUPERVALU INC. (NYSE: SVU) rose 4.5 percent to $5.24 after the company announced plans to sell its Save-A-Lot business for $1.365 billion to Onex.
  • Teck Resources Ltd (USA) (NYSE: TCK) shares gained 4.3 percent to $19.58. RBC Capital upgraded Teck Resources from Sector Perform to Outperform.
  • Nova Lifestyle Inc (NASDAQ: NVFY) shares gained 4.2 percent to $3.87 after dropping 7.25 percent on Friday.
  • The Hackett Group, Inc. (NASDAQ: HCKT) shares gained 4 percent to $16.58. Barrington Research initiated coverage on Hackett Group with an Outperform rating.
  • Groupon Inc (NASDAQ: GRPN) shares rose 3.3 percent to $5.18. Wedbush upgraded Groupon from Neutral to Outperform and raised the price target from $4.50 to $6.50.
  • Qualys Inc (NASDAQ: QLYS) rose around 3 percent to $38.75. DA Davidson upgraded Qualys from Neutral to Buy.

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

 

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