Market Overview

15 Biggest Mid-Day Gainers For Thursday

  • Hydrogenics Corporation (USA) (NASDAQ: HYGS) shares jumped 24 percent to $8.70 after the company disclosed that it has signed a purchase and license agreement valued at over USD50 million for 1,000 fuel cell bus power modules.
  • Comtech Telecomm. Corp. (NASDAQ: CMTL) shares climbed 11.5 percent to $16.73. Comtech posted Q3 net income of $4.4 million on revenue of $127.8 million. The company also lowered its FY17 outlook.
  • Nordstrom, Inc. (NYSE: JWN) shares climbed 10.7 percent to $44.82 following news that management is exploring a go-private deal.
  • Vista Outdoor Inc (NYSE: VSTO) surged 9.4 percent to $23.14. DA Davidson upgraded Vista Outdoor from Neutral to Buy.
  • Valeant Pharmaceuticals Intl Inc (NYSE: VRX) climbed 8.7 percent to $13.23 after the company agreed to sell iNova Pharma for $930 million.
  • Alibaba Group Holding Ltd (NYSE: BABA) shares gained 8.6 percent to $136.49 after issuing a strong revenue forecast for FY18. The company’s CFO Maggie Wu drew expects 45 percent to 49 percent revenue growth in FY2018.
  • SciClone Pharmaceuticals, Inc. (NASDAQ: SCLN) shares rose 8 percent to $10.90 after the company agreed to be acquired by GL Capital for $11.18 per share in cash.
  • Endo International plc (NASDAQ: ENDP) shares climbed 8 percent to $13.39. Endo reported entry of significant case management order in Mesh Multidistrict litigation.
  • Yahoo! Inc. (NASDAQ: YHOO) gained 6.5 percent to $53.81 after strong revenue forecast from Alibaba.
  • Boot Barn Holdings Inc (NYSE: BOOT) shares rose 5.9 percent to $6.50.
  • Inovio Pharmaceuticals Inc (NASDAQ: INO) gained 4.9 percent to $7.75. Inovio Pharma announced plans to begin recruiting for Phase 3 trial.
  • Kite Pharma Inc (NASDAQ: KITE) gained 3.6 percent to $85.02. BTIG Research upgraded Kite Pharma from Neutral to Buy.
  • NBT Bancorp Inc. (NASDAQ: NBTB) climbed 3.4 percent to $37.67. Piper Jaffray upgraded NBT Bancorp from Underweight to Neutral.
  • Okta Inc (NASDAQ: OKTA) gained 3.3 percent to $26.54 after reporting upbeat quarterly results.
  • The Carlyle Group LP (NASDAQ: CG) rose 3.2 percent to $18.00. Bank of America upgraded Carlyle Group from Neutral to Buy.

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