Market Overview

20 Biggest Mid-Day Gainers For Friday

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  • Immunomedics, Inc. (NASDAQ: IMMU) shares jumped 25.3 percent to $6.78. Immunomedics reported a mutual deal with Seattle Genetics for dissolving of previously-agreed upon exclusive global licensing deal. The company announced that CFO Michael Garone will be named interim CEO once the settlement deal is finalized. Immunomedics is now targeting BLA submission for IMMU-132 in mTNBC by late 2017 or early 2018. The company also disclosed that it has raised $125 million in a private placement.
  • California Resources Corp (NYSE: CRC) shares climbed 22.2 percent to $12.42 after the company reported upbeat Q1 profit.
  • Universal Display Corporation (NASDAQ: OLED) share surged 19.9 percent to $107.75. Universal Display reported Q1 earnings of $0.22 per share on revenue of $55.6 million. The company also issued a strong forecast.
  • Eclipse Resources Corp (NYSE: ECR) shares jumped 17.6 percent to $2.07 as the company posted better-than-expected Q1 results.
  • Data I/O Corporation (NASDAQ: DAIO) climbed 16.8 percent to $5.57. Data I/O posted Q1 earnings of $0.12 per share on revenue of $7.2 million.
  • Sierra Wireless, Inc. (USA) (NASDAQ: SWIR) surged 15.3 percent to $28.60 after the company posted upbeat Q1 results and issued a strong Q2 forecast.
  • Wingstop Inc (NASDAQ: WING) jumped 14.2 percent to $33.10 after the company posted better-than-expected quarterly earnings.
  • Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) shares gained 13.6 percent to $8.71 on strong Q1 results.
  • Mercadolibre Inc (NASDAQ: MELI) rose 13.5 percent to $268.47 as the company posted strong quarterly results.
  • Pearson PLC (ADR) (NYSE: PSO) shares climbed 12.3 percent to $9.44 following restructuring announcement. The company announced plans to cut costs and disclosed that it is considering to sell its K12 courseware publishing business.
  • Clean Energy Fuels Corp (NASDAQ: CLNE) gained 11.9 percent to $2.64 on upbeat quarterly earnings.
  • Synchronoss Technologies, Inc. (NASDAQ: SNCR) shares rose 11.3 percent to $17.20. Silver Private Holdings reported a 12.93 percent stake In Synchronoss Technologies.
  • Workhorse Group Inc (NASDAQ: WKHS) shares gained 10.9 percent to $3.27 after surging 28.26 percent on Thursday.
  • Axcelis Technologies Inc (NASDAQ: ACLS) rose 11.2 percent to $21.91 after the company posted upbeat Q1 results.
  • Herbalife Ltd. (NYSE: HLF) climbed 10.7 percent to $68.86 after the company reported better-than-expected earnings for its first quarter and raised its FY17 adjusted earnings forecast.
  • Zafgen Inc (NASDAQ: ZFGN) shares gained 9.3 percent to $5.32 after the company issued positive Phase 1 data for ZGN-1061.
  • Applied Optoelectronics Inc (NASDAQ: AAOI) gained 8.6 percent to $50.85 after the company posted strong quarterly earnings.
  • Hortonworks Inc (NASDAQ: HDP) shares jumped 7.7 percent to $10.88 after reporting strong Q1 results.
  • Zynga Inc (NASDAQ: ZNGA) rose 5.5 percent to $2.99 after the company posted upbeat revenue for its first quarter. Bank of America upgraded Zynga from Underperform to Neutral.
  • Apptio Inc (NASDAQ: APTI) gained 5.1 percent to $13.67 after reporting narrower-than-expected Q1 loss.

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

 

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