Market Overview

22 Biggest Mid-Day Gainers For Wednesday

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  • Skyline Medical Inc (NASDAQ: SKLN) shares surged 37.2 percent to $3.58 after the company disclosed that it has expanded its relationship with GLG Pharma to include rights to market and distribute the STREAMWAY System in Poland and other Central European countries.
  • Novocure Ltd (NASDAQ: NVCR) shares jumped 21.4 percent to $7.22 after the company posted a narrower-than-expected Q3 loss.
  • AveXis Inc (NASDAQ: AVXS) shares climbed 21.2 percent to $58.17 after the company disclosed a single-arm design for its pivotal study of AVXS-101 in SMA Type 1 patients.
  • O2Micro International Limited (ADR) (NASDAQ: OIIM) shares rose 17.5 percent to $2.08. O2Micro reported Q3 earnings of $0.05 per share on revenue of $14.4 million.
  • TriNet Group Inc (NYSE: TNET) shares climbed 16.9 percent to $20.80. TriNet reported Q3 earnings of $0.29 per share on revenue of $770.5 million.
  • Enphase Energy Inc (NASDAQ: ENPH) gained 15.8 percent to $1.17. Enphase Energy reported Q3 adjusted loss of $0.28 per share on revenue of $88.7 million.
  • Office Depot Inc (NASDAQ: ODP) jumped 14.1 percent to $3.48 on better-than-expected quarterly earnings.
  • MGP Ingredients Inc (NASDAQ: MGPI) gained 14 percent to $39.46. MGP Ingredients reported Q3 earnings of $0.55 per share on revenue of $83.711 million.
  • Brocade Communications Systems, Inc. (NASDAQ: BRCD) shares jumped 10 percent to $40.19 following announcement of acquisition by Broadcom Ltd (NASDAQ: AVGO) for $12.75 per share.
  • Criteo SA (ADR) (NASDAQ: CRTO) climbed 9.8 percent to $40.19 after reporting upbeat quarterly earnings.
  • Wageworks Inc (NYSE: WAGE) shares gained 9.7 percent to $63.05. WageWorks disclosed that it has acquired Automatic Data Processing's Consumer Health Spending Account and Consolidated Omnibus Reconciliation Act businesses.
  • Inphi Corporation (NYSE: IPHI) shares gained 7.6 percent to $40.72. Inphi reported Q3 non-GAAP earnings of $0.21 per share on revenue of $70.7 million. The company agreed to acquire ClariPhy Communications, Inc., for $275 million in cash.
  • Columbia Pipeline Partners LP (NYSE: CPPL) shares surged 6.5 percent to $17.10. CPPL reported Q3 net income of $0.05 per common unit, down from $0.22 per common unit in the year-ago period. Columbia Pipeline Partners also reported an agreement to purchase its outstanding common units at price of $17 per unit for a transaction value of $915 million from Columbia Pipeline Group.
  • Oclaro, Inc. (NASDAQ: OCLR) shares gained 6.5 percent to $7.82 after the company posted strong quarterly results
  • Papa John's Int'l, Inc. (NASDAQ: PZZA) shares rose 6.3 percent to $79.50. Papa John's posted strong Q3 results.
  • AmerisourceBergen Corp. (NYSE: ABC) shares gained 6.2 percent to $74.03. AmerisourceBergen reported better-than-expected quarterly earnings.
  • Booz Allen Hamilton Holding Corporation (NYSE: BAH) shares rose 4.8 percent to $31.49 after the company posted better-than-expected Q2 results.
  • Wingstop Inc (NASDAQ: WING) shares gained 5.3 percent to $27.49. Wingstop posted better-than-expected quarterly earnings.
  • HealthSouth Corp (NYSE: HLS) shares gained 5.2 percent to $41.30. HealthSouth will replace Rackspace Hosting, Inc. (NYSE: RAX) in the S&P Midcap 400 after the close of trading on November 3.
  • Big 5 Sporting Goods Corporation (NASDAQ: BGFV) shares gained 5 percent to $16.85. Big 5 Sporting posted upbeat Q3 earnings.
  • Omeros Corporation (NASDAQ: OMER) shares rose 4.1 percent to $8.65 after the company reported positive data from Phase 2 clinical trial evaluating PPAR-gamma agonist in heroin users treated with buprenorphine/naloxone.
  • Square Inc (NYSE: SQ) shares rose 4 percent to $11.51 after the company reported robust Q3 2016 results and raised FY16 guidance.

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

 

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