Market Overview

18 Biggest Mid-Day Gainers For Wednesday

  • Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP) shares jumped 46.9 percent to $6.08. Tonix Pharma will present the FDA Breakthrough Therapy-designated PTSD program at The MicroCap Conference on April 4, 2017.
  • Innocoll Holdings PLC (NASDAQ: INNL) shares climbed 26.8 percent to $1.37 after the company reported that it has received formal FDA Type A Meeting minutes related to XARACOLL NDA.
  • Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) shares surged 23 percent to $110.31 after the company disclosed that two Phase 3 studies of the tezacaftor/ivacaftor combo treatment for CF met primary endpoints. BMO Capital upgraded Vertex Pharma from Market Perform to Outperform.
  • Exar Corporation (NYSE: EXAR) shares climbed 22.6 percent to $13.02 after the company agreed to be acquired by MaxLinear, Inc. (NYSE: MXL) for $13 per share in cash.
  • Sigma Labs Inc (NASDAQ: SGLB) shares gained 18.6 percent to $3.57 after the company disclosed that it has entered into a long term non-exclusive commercial agreement with Additive Industries for PrintRite3D®.
  • XCel Brands Inc (NASDAQ: XELB) shares rose 17.5 percent to $2.35.
  • Athersys, Inc. (NASDAQ: ATHX) surged 16.5 percent to $1.38. William Blair initiated coverage on Athersys with an Outperform rating.
  • Vistagen Therapeutics Inc (NASDAQ: VTGN) shares gained 13.6 percent to $2.09 as the company disclosed that it has received a European Patent Office notice of intent to grant patent for AV-101.
  • RH (NYSE: RH) rose 12.3 percent to $42.66 as the company reported upbeat results for its fourth quarter.
  • Glassbridge Enterprises Inc (NYSE: GLA) shares gained 11.9 percent to $4.90.
  • Quad/Graphics, Inc. (NYSE: QUAD) climbed 11 percent to $24.66. Macquarie upgraded Quad/Graphics from Neutral to Outperform.
  • Eldorado Gold Corp (USA) (NYSE: EGO) rose 10 percent to $3.47. Canaccord Genuity upgraded Eldorado Gold from Hold to Buy.
  • Verint Systems Inc. (NASDAQ: VRNT) shares surged 9.6 percent to $43.35 after the company posted stronger-than-expected earnings for its fourth quarter.
  • Egalet Corp (NASDAQ: EGLT) shares rose 7.2 percent to $5.19. Egalet disclosed that its challenge to the FDA for MorphaBond exclusivity is still being considered.
  • Sangamo Therapeutics Inc (NASDAQ: SGMO) gained 5 percent to $4.25 after the company reported the presentation of new data showing 'significant reduction of tau mRNA, tau protein expression using ZFP-TF-mediated gene regulation technology.'
  • Sonoma Pharmaceuticals Inc (NASDAQ: SNOA) shares gained 4.5 percent to $7.40 after the company reported the FDA clearance of Loyon Skin Descaler.
  • Fortinet Inc (NASDAQ: FTNT) rose 4.3 percent to $38.14. Baird upgraded Fortinet from Neutral to Outperform.
  • S&W Seed Company (NASDAQ: SANW) gained 3.3 percent to $4.65. B. Riley initiated coverage on S&W Seed with a Buy rating.

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