Market Overview

18 Biggest Mid-Day Gainers For Thursday

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  • Benitec Biopharma Ltd (ADR) (NASDAQ: BNTC) shares climbed 121 percent to $3.54 after the company disclosed that it has made significant progress in its ocular program.
  • Naked Brand Group Inc (NASDAQ: NAKD) surged 73.9 percent to $2.03. Naked Brand reported the launch of its exclusive sleepwear, loungewear, and intimates lifestyle collection, Comfortably You.
  • Pulmatrix Inc (NASDAQ: PULM) shares jumped 50.3 percent to $5.61 after climbing 73.49 percent on Wednesday.
  • Diffusion Pharmaceuticals Inc (NASDAQ: DFFN) shares gained 29 percent to $3.95. Diffusion Pharmaceuticals shares have dropped 74.71 percent over the past 52 weeks, while the S&P 500 index has gained 19.79 percent in the same period.
  • Mead Johnson Nutrition CO (NYSE: MJN) shares climbed 23.7 percent to $85.97. Reckitt Benckiser Group confirmed to Reuters it is in talks to acquire Mead Johnson for $90 per share in cash or approximately $16.7 billion.
  • Celadon Group, Inc. (NYSE: CGI) shares surged 16.2 percent to $8.60 after the company posted better-than-expected Q2 results.
  • Cadence Design Systems Inc (NASDAQ: CDNS) rose 12.5 percent to $29.04 on strong Q4 results.
  • Attunity Ltd (NASDAQ: ATTU) surged 12 percent to $7.32. Attunity reported a Q4 loss of $245,000 on revenue of $15.6 million.
  • Entercom Communications Corp. (NYSE: ETM) shares climbed 11.7 percent to $15.80. CBS Corporation (NYSE: CBS) agreed to merge its radio unit with Entercom Communications.
  • Weatherford International Plc (NYSE: WFT) shares gained 11.3 percent to $5.76 after the company posted a narrower-than-expected Q4 loss.
  • xG Technology Inc (NASDAQ: XGTI) shares climbed 8.7 percent to $2.29 after gaining 23.39 percent on Wednesday. xG Technology reported that it has completed the acquisition of Vislink Communication Systems.
  • Iteris Inc (NASDAQ: ITI) gained 6.8 percent to $5.37. Craig-Hallum initiated coverage on Iteris with a Buy rating.
  • United States Steel Corporation (NYSE: X) shares rose 6.6 percent to $33.39. Bank of America upgraded United States Steel from Neutral to
  • Buy.
  • Trevena Inc (NASDAQ: TRVN) surged 6.2 percent to $7.54. Ladenburg Thalmann initiated coverage of Trevena with a Buy rating.
  • AngloGold Ashanti Limited (ADR) (NYSE: AU) rose 4.8 percent to $13.14 after declining 1.34 percent on Wednesday. Gold futures gained 1.3 percent to $1,223.80 an ounce.
  • Ferrari N.V. (NYSE: RACE) shares rose 4.5 percent to $64.96 after the company posted better-than-expected Q4 earnings.
  • Macy's Inc (NYSE: M) shares rose 3.7 percent to $30.31. Macy's is said to be approached regarding a potential sale, the New York Post reported.
  • Acacia Communications, Inc. (NASDAQ: ACIA) gained 3.6 percent to $56.97. Morgan Stanley upgraded Acacia Communications from Equal-Weight to Overweight.

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

 

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