20 Biggest Mid-Day Gainers For Friday

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  • Immunomedics, Inc. 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 CRC shares climbed 22.2 percent to $12.42 after the company reported upbeat Q1 profit.
  • Universal Display Corporation 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 ECR shares jumped 17.6 percent to $2.07 as the company posted better-than-expected Q1 results.
  • Data I/O Corporation 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) SWIR surged 15.3 percent to $28.60 after the company posted upbeat Q1 results and issued a strong Q2 forecast.
  • Wingstop Inc WING jumped 14.2 percent to $33.10 after the company posted better-than-expected quarterly earnings.
  • Kratos Defense & Security Solutions, Inc KTOS shares gained 13.6 percent to $8.71 on strong Q1 results.
  • Mercadolibre Inc MELI rose 13.5 percent to $268.47 as the company posted strong quarterly results.
  • Pearson PLC (ADR) 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 CLNE gained 11.9 percent to $2.64 on upbeat quarterly earnings.
  • Synchronoss Technologies, Inc. SNCR shares rose 11.3 percent to $17.20. Silver Private Holdings reported a 12.93 percent stake In Synchronoss Technologies.
  • Workhorse Group Inc WKHS shares gained 10.9 percent to $3.27 after surging 28.26 percent on Thursday.
  • Axcelis Technologies Inc ACLS rose 11.2 percent to $21.91 after the company posted upbeat Q1 results.
  • Herbalife Ltd. 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 ZFGN shares gained 9.3 percent to $5.32 after the company issued positive Phase 1 data for ZGN-1061.
  • Applied Optoelectronics Inc AAOI gained 8.6 percent to $50.85 after the company posted strong quarterly earnings.
  • Hortonworks Inc HDP shares jumped 7.7 percent to $10.88 after reporting strong Q1 results.
  • Zynga Inc 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 APTI gained 5.1 percent to $13.67 after reporting narrower-than-expected Q1 loss.
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