Market Overview

18 Biggest Mid-Day Gainers For Monday

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  • SGOCO Group Ltd (NASDAQ: SGOC) shares jumped 50 percent to $2.40 after the company reported the purchase of Century Skyway Limited.
  • Straight Path Communications Inc (NYSE: STRP) shares climbed 32.3 percent to $213.65. Straight Path Communications disclosed that the $184 per share bid from a multi-national telecom company is superior to AT&T's bid.
  • Kosmos Energy Ltd (NYSE: KOS) shares rose 19.2 percent to $7.09 after the company posted strong Q1 results. Kosmos Energy also reported a major gas discovery offshore Senegal.
  • Petmed Express Inc (NASDAQ: PETS) shares surged 15.8 percent to $28.04 after the company posted upbeat quarterly results.
  • Gigamon Inc (NYSE: GIMO) shares rose 15.4 percent to $40.40. 13D filing from Elliott Associates on Gigamon showed Elliott, Elliott Int'l and EICA collectively have combined economic exposure of 15.3 percent.
  • Axsome Therapeutics Inc (NASDAQ: AXSM) shares gained 14.1 percent to $4.45 after the company disclosed that it has received Fast Track designation for AXS-05.
  • Newell Brands Inc (NYSE: NWL) shares rose 13.1 percent to $52.47 after the company posted upbeat earnings for its first quarter and increased its quarterly dividend to $0.23 per share.
  • Finjan Holdings, Inc. (NASDAQ: FNJN) shares climbed 12.8 percent to $1.94. Finjan Holdings will host a shareholder update call to discuss its Q1 results on May 15, 2017.
  • World Acceptance Corp. (NASDAQ: WRLD) rose 11.5 percent to $62.54. World Acceptance is expected to report Q4 results on Tuesday, May 9.
  • Care Capital Properties Inc (NYSE: CCP) shares gained 9 percent to $29.19. Sabra Health Care REIT Inc (NASDAQ: SBRA) and Care Capital Properties will combine in a $7.4 billion stock transaction.
  • Inpixon (NASDAQ: INPX) rose 8.9 percent to $1.95 as the company disclosed a purchase order from a leading health insurer.
  • Tower Semiconductor Ltd. (USA) (NASDAQ: TSEM) gained 8.7 percent to $23.20 after reporting strong quarterly earnings.
  • JD.Com Inc(ADR) (NASDAQ: JD) climbed 8.4 percent to $38.80 after the company posted upbeat revenue for its first quarter.
  • Alon USA Partners LP (NYSE: ALDW) shares gained 8.3 percent to $9.75 on better-than-expected quarterly profit.
  • Kate Spade & Co (NYSE: KATE) shares rose 8.2 percent to $18.35 after Coach Inc (NYSE: COH) announced plans to acquire the company for $18.50 per share.
  • Northern Oil & Gas, Inc. (NYSE: NOG) gained 7.7 percent to $2.10 after the company reported upbeat Q1 earnings.
  • VTTI Energy Partners LP (NYSE: VTTI) rose 4.3 percent to $19.50 after the company reported an agreement for VTTI B.V. to acquire all publicly held common units of the partnership for $19.50 per common unit.
  • Asure Software Inc (NASDAQ: ASUR) rose 3 percent to $11.52. Canaccord Genuity initiated coverage on Asure Software with a Buy rating.

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

 

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