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Market Overview

18 Biggest Mid-Day Gainers For Thursday

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  • DragonWave, Inc.(USA) (NASDAQ: DRWI) shares climbed 78.7 percent to $3.95 after the company disclosed that it has been selected to supply Sprint with microwave backhaul equipment.
  • iRhythm Technologies, Inc. (NASDAQ: IRTC) shares gained 48.5 percent to $25.26. iRhythm Tech priced its IPO at $17 per share.
  • Skypeople Fruit Juice Inc (NASDAQ: SPU) shares jumped 25.8 percent to $7.68. SkyPeople disclosed that its request for an appeal hearing is affirmed by the Nasdaq.
  • TOP SHIPS Inc (NASDAQ: TOPS) shares gained 19.4 percent to $3.20. TOP SHIPS shares have dropped 71.09 percent over the past 52 weeks, while the S&P 500 index has gained 5.59 percent in the same period.
  • Abeona Therapeutics Inc (NASDAQ: ABEO) shares rose 14.8 percent to $8.91 after the company issued an update from ABO-102 Phase 1/2 MPS IIIA clinical trial at the Orphan Drugs & Rare Disease Conference, London UK.
  • Lawson Products, Inc. (NASDAQ: LAWS) climbed 9.6 percent to $18.54. Lawson Products reported Q3 earnings of $0.20 per share on revenue of $70.199 million.
  • HNI Corp (NYSE: HNI) rose 9.2 percent to $41.76 after the company posted upbeat quarterly earnings.
  • American Express Company (NYSE: AXP) shares climbed 9 percent to $66.75 after the company reported better-than-expected earnings for its third quarter and raised its 2016 forecast.
  • Landstar System, Inc. (NASDAQ: LSTR) shares climbed 8.2 percent to $71.12. Landstar System posted better-than-expected Q3 results.
  • SunCoke Energy Inc (NYSE: SXC) shares gained 7.7 percent to $8.97. SunCoke posted Q3 net earnings of $0.10 per share on revenue of $293.9 million.
  • Snap-on Incorporated (NYSE: SNA) shares surged 7.6 percent to $160.39. Snap-on posted upbeat earnings for the third quarter.
  • Mattel, Inc. (NASDAQ: MAT) gained 6.3 percent to $32.54 as the company posted stronger-than-expected revenue for its third quarter on Wednesday.
  • Rite Aid Corporation (NYSE: RAD) shares gained 5.7 percent to $7.04. Walgreens Boots Alliance Inc (NASDAQ: WBA) and Rite Aid disclosed that they have agreed to extend their merger date from October 27 current year to January 27, 2017. Both companies are confident in closing the transaction early next year.
  • ICON PLC (NASDAQ: ICLR) shares rose 5.5 percent to $82.74 after the company posted upbeat Q3 earnings.
  • United Rentals, Inc. (NYSE: URI) rose 5.2 percent to $79.49 after announcing upbeat quarterly earnings.
  • Banc of California Inc (NYSE: BANC) shares rose 4.1 percent to $13.87. DA Davidson upgraded Banc of California from Neutral to Buy.
  • Universal Forest Products, Inc. (NASDAQ: UFPI) gained 4.1 percent to $95.52. D.A. Davidson upgraded Universal Forest Products from Neutral to Buy.
  • Kinder Morgan Inc (NYSE: KMI) shares rose 2.4 percent to $21.20. Kinder Morgan reported a Q3 loss of $227 million. Credit Suisse upgraded Kinder Morgan from Neutral to Outperform and raised the price target from $23.00 to $26.00, while Stifel Nicolaus upgraded the stock from Hold to Buy.
 

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

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