Must Watch Stocks for January 3, 2017

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Some of the stocks that may grab investor focus today are:

  • Sprague Resources LP SRLP agreed to acquire natural gas and electricity business from Global Partners LP for around $17.3 million. Sprague Resources shares gained 0.36 percent to close at $28.10 on Friday.
  • Shares of Innocoll Holdings PLC INNL tumbled over 61 percent Friday after the company disclosed that it has received a Refusal to File letter from the FDA related to XARACOLL New Drug Application. Innocoll shares dipped 61.02 percent to close at $0.690 on Friday.
  • SM Energy Co SM agreed to sell its non-operated Eagle Ford assets for $800 million. SM Energy shares fell 0.66 percent to close at $34.48 on Friday.

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  • Marinus Pharmaceuticals Inc MRNS shares surged around 21 percent Friday as the company disclosed that ganaxolone has received Orphan Drug designation for the treatment of Fragile X Syndrome. Marinus Pharma shares gained 20.96 percent to close at $1.01 on Friday.
  • Clean Diesel Technologies, Inc. CDTI disclosed that it has files for offering of common stock up to 6.23 million shares by selling stockholders. Clean Diesel Technologies shares dropped 2.27 percent to close at $2.15 on Friday.
  • KKR & Co. L.P. KKR is said to still be interested in acquiring Depomed Inc DEPO and would combine it with Arbor Pharmaceuticals, according to sources as reported by the New York Post on Friday. Depomed has set Wednesday as the deadline for final bids, the sources said. Depomed shares gained 2.44 percent to close at $18.02 on Friday.
  • Shares of Opko Health Inc. OPK dropped around 19 percent Friday after the company reported disappointing results to a clinical trial. In a press release, Opko Health announced data analysis from a Phase 3 trial which evaluated its long-acting human growth hormone product (hGH-CTP) in adults with growth hormone deficiency (GHD). Opko Health shares fell 18.85 percent to close at $9.30 on Friday.
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