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Market Overview

15 Biggest Mid-Day Gainers For Monday

  • Cleveland BioLabs, Inc. (NASDAQ: CBLI) shares jumped 51.9 percent to $2.37. Cleveland BioLabs reported the start of in vivo biocomparability study and announced the European Medicines Agency positive opinion regarding the entolimod pediatric investigation plan.
  • MOCON, Inc. (NASDAQ: MOCO) shares gained 37.4 percent to $29.75 after AMETEK, Inc. (NYSE: AME) announced plans to buy MOCON at $30 per share in cash.
  • Westport Fuel Systems Inc (USA) (NASDAQ: WPRT) shares surged 19 percent to $1.26 after the company reported the signing of a definitive agreement to sell its APU assets for $70 million.
  • Alere Inc (NYSE: ALR) shares climbed 16.3 percent to $49.18. Abbott Laboratories (NYSE: ABT) agreed to buy Alere for $51 per share, versus its earlier offer of $56 per share.
  • Straight Path Communications Inc (NYSE: STRP) jumped 14.8 percent to $105.24. A report on Thursday mentioned that Verizon could top AT&T bid.
  • Adesto Technologies Corp (NASDAQ: IOTS) shares rose 14.8 percent to $5.11.
  • Kingold Jewelry Inc (NASDAQ: KGJI) shares gained 14.5 percent to $1.42.
  • HTG Molecular Diagnostics Inc (NASDAQ: HTGM) surged 10.6 percent to $6.43 on announcement that the company and Daiichi Sankyo have completed a master services agreement.
  • CIRCOR International, Inc. (NYSE: CIR) shares rose 9.9 percent to $61.69. CIRCOR is expected to announce Q1 results on April 28. Stifel Nicolaus upgraded CIRCOR from Hold to Buy.
  • Torchlight Energy Resources Inc (NASDAQ: TRCH) shares climbed 8.8 percent to $1.49. Torchlight Energy reported a private placement of $8 million in unsecured promissory notes.
  • Moneygram International Inc (NASDAQ: MGI) gained 7.5 percent to $17.75 after China's Ant Financial raised its bid for the company by 36 percent to $18 per share in cash.
  • Norsat International Inc (USA) (NYSE: NSAT) shares rose 7.4 percent to $10.85. Privet Fund Management offered US$11 per share to acquire Norsat International.
  • Canadian Solar Inc. (NASDAQ: CSIQ) gained 4.9 percent to $13.37. Axiom Capital initiated coverage of Canadian Solar with a Buy rating.
  • Valeritas Holdings, Inc. (NASDAQ: VLRX) rose 2.7 percent to $6.47. Cowen & Co. initiated coverage on Valeritas with an Outperform rating.
  • Knight Transportation (NYSE: KNX) shares gained 2.7 percent to $31.85. Baird upgraded Knight Transportation from Neutral to Outperform.

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