34 Stocks Moving In Wednesday's Mid-Day Session

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Gainers

  • Opiant Pharmaceuticals, Inc. OPNT shares jumped 57.8 percent to $24.55 following news that its commercial partner, Adapt Pharma, agreed to be acquired by Emergent Biosolutions for $735 million.
  • iPass Inc. IPAS shares gained 42.6 percent to $2.61 after the company disclosed that a major US bank signed a deal with iPass for global mobile connectivity.
  • Glaukos Corporation GKOS rose 38.3 percent to $62.00 after one of the company’s major competitors removed its product from the market. Alcon announced that it's voluntarily withdrawing its CyPass Micro-Stent from the market following new data from a five-year, long-term COMPASS-XT safety study. Alcon also advised opthalmic surgeons to stop implanting the CyPass stents.
  • Sophiris Bio, Inc. SPHS jumped 29.3 percent to $3.3105 following the conclusion of an investigation into the death of a patient in the company's Phase 2b trial of topsalysin. The investigation revealed the patient's death was likely unrelated to the drug.
  • India Globalization Capital, Inc. IGC shares jumped 25 percent to $1.65.
  • Westport Fuel Systems Inc. WPRT shares climbed 24.6 percent to $3.60 after the company late Tuesday announced an agreement with Weichai Westport to develop a natural gas engine featuring Westport HPDI 2.0 technology
  • Affimed N.V. AFMD shares gained 23.3 percent to $6.8426 after climbing 246.88 percent on Tuesday.
  • Ballard Power Systems Inc. BLDP shares rose 16.4 percent to $3.4225 after the company announced a collaboration with Weichai Power. The collaboration includes a $163 million equity investment from Weichai and a joint venture establishment.
  • Origin Agritech Limited SEED gained 16.4 percent to $7.10.
  • Tilray, Inc. TLRY rose 13.3 percent to $58.32 after reporting a second-quarter sales beat.
  • IZEA Worldwide, Inc. IZEA climbed 11.5 percent to $1.55 after the company announced the expansion of a relationship with an unnamed Fortune 10 company.
  • Shoe Carnival, Inc. SCVL rose 10.6 percent to $40.81 after reporting stronger-than-expected results for its second quarter.
  • Canadian Solar Inc. CSIQ gained 10.4 percent to $15.14 after announcing a partnership with ET Energy to build 132 MWp of solar projects in South Africa.
  • Unisys Corporation UIS rose 9 percent to $18.26. Unisys will replace Marriot Vacations Worldwide in the S&P SmallCap 600 on September 4.
  • Cronos Group Inc. CRON rose 8.7 percent to $12.02 after falling 7.97 percent on Tuesday.
  • Evolus, Inc. EOLS shares jumped 8.2 percent to $21.89 after receiving acceptance of FDA BLA resubmission for DWP-450.
  • Ultragenyx Pharmaceutical Inc. RARE gained 8.1 percent to $85.03 after the FDA accepted the company's proposal to submit a New Drug Application (NDA) for UX007 for the treatment of long-chain fatty acid oxidation disorders.
  • Immune Design Corp. IMDZ gained 7.4 percent to $3.65. H.C. Wainwright initiated Immune Design with a Buy rating.
  • Leju Holdings Limited LEJU rose 6.7 percent to $2.08. JP Morgan upgraded Leju from Underweight to Neutral.
  • Beasley Broadcast Group, Inc. BBGI gained 4 percent to $7.18. Guggenheim initiated coverage on Beasley Broadcast with a Buy rating.

 

Check out these big penny stock gainers and losers

Losers

  • Assertio Therapeutics, Inc. ASRT shares dipped 16.7 percent to $6.095. Assertio Therapeutics announced said it has entered into a settlement agreement with Purdue Pharma with regard to its patent infringement lawsuit against the latter in a U.S. district court. The lawsuit alleges infringement by Purdue of some of Assertio's patents with regard to Purdue's commercialization of Oxycontin.
  • Fossil Group, Inc. FOSL shares dropped 14 percent to $20.70.
  • American Eagle Outfitters AEO fell 12.2 percent to $23.95. American Eagle reported better-than-expected results for its second quarter, but issued weak earnings forecast for the current quarter.
  • Movado Group, Inc. MOV fell 11.4 percent to $43.775 after the company reported Q2 results.
  • Orgenesis Inc. ORGS dipped 11.1 percent to $5.69.
  • Express, Inc. EXPR shares fell 8.7 percent to $9.12. Express reported better-than-expected results for its second quarter.
  • Staffing 360 Solutions, Inc. STAF fell 8.7 percent to $2.11 after climbing 19.69 percent on Tuesday.
  • Kewaunee Scientific Corporation KEQU dropped 8.7 percent to $30.5947 following downbeat quarterly earnings.
  • Box, Inc. BOX fell 8.6 percent to $24.31 after reporting a second-quarter earnings beat. The company issued weak third quarter earnings guidance.
  • ScanSource, Inc. SCSC fell 8.5 percent to $39.50 in pre-market trading after reporting Q4 results.
  • Dick's Sporting Goods, Inc. DKS fell 8.3 percent to $33.38 after the company reported weaker-than-expected Q2 sales.
  • Chico's FAS, Inc. CHS shares fell 8.3 percent to $8.10 following Q2 results.
  • Tuniu Corporation TOUR shares tumbled 8.2 percent to $7.50 following Q2 results.
  • ATA Inc. ATAI dropped 6.6 percent to $2.42.
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