30 Stocks Moving In Monday's Mid-Day Session

Gainers

• Fred's, Inc. FRED shares climbed 56.6 percent to $2.5600 after Walgreens announced it will buy the pharmacy patient prescription files and related pharmacy inventory of 185 Fred's stores for $165 million.
• Rimini Street, Inc. RMNI gained 13.1 percent to $5.80.
• NMI Holdings, Inc. NMIH shares climbed 11.8 percent to $23.65. Barclays initiated coverage on NMI Holdings with an Overweight rating and a $28 price target.
• Orchids Paper Products Company TIS shares gained 11.2 percent to $3.0801.
• Sorrento Therapeutics, Inc. SRNE climbed 10.6 percent to $5.475 after the company earlier announced its Scilex Pharmaceuticals Inc has received $140 million in royalty-based financing to support the commercialization of ZTlido pain medication.
• Tilray, Inc. TLRY rose 9.8 percent to $85.5050. The Supreme Cannabis Company, Inc. signed a supply agreement to provide dried cannabis to Tilray Canada Ltd.
• Volt Information Sciences, Inc. VISI gained 8.9 percent to $2.94.
• Obalon Therapeutics, Inc. OBLN climbed 8.8 percent to $3.33.
• Purple Innovation, Inc. PRPL shares gained 7.2 percent to $5.51.
• Titan Pharmaceuticals, Inc. TTNP jumped 7.1 percent to $0.7174 after the company received a $6.7 million grant for the development of a Nalmefene implant intended for opioid addiction treatment.
• Beacon Roofing Supply, Inc. BECN shares climbed 6.7 percent to $40.70.
• Innovate Biopharmaceuticals, Inc. INNT rose 6.3 percent to $6.3964.
• Endocyte, Inc. ECYT gained 6.3 percent to $18.02 after the FDA accepted radiographic progression free survival as an appropriate alternative endpoint for a trial of Lu-PSMA-617 in prostate cancer patients.
• Eros International Plc EROS shares surged 6.1 percent to $11.73 after reporting a licensing deal with iQiyi.
• Fuel Tech, Inc. FTEK gained 6 percent to $1.23 after the company received a total of $15.8 million in air pollution control contracts from customers in the US and China.
• G1 Therapeutics, Inc. GTHX rose 5.4 percent to $64.34. BTIG Research assumed coverage on G1 Therapeutics with a Buy rating.
• Foot Locker, Inc. FL gained 5.3 percent to $49.20. Wells Fargo upgraded Foot Locker from Market Perform to Outperform.
• Kennametal Inc. KMT rose 5.2 percent to $42.245. Longbow Research upgraded Kennametal from Neutral to Buy.
• Weight Watchers International, Inc. WTW gained 5.2 percent to $70.29. Weight Watchers International will replace KLX Inc. in the S&P MidCap 400 on September 18, 2018.

Check out these big penny stock gainers and losers

Losers

• Acorda Therapeutics, Inc. ACOR shares dropped 17.2 percent to $22.83 after earlier report that it has lost an patent court appeal ruling regarding the drug Ampyra, affirming a trial ruling in favor of Teva and Mylan.
• Aytu BioScience, Inc. AYTU shares fell 16.7 percent to $3.1247 after announcing a proposed $8 million offering.
• FTD Companies, Inc. FTD shares declined 12.3 percent to $3.2025. KLX Energy Services Holdings will replace FTD Companies in the S&P SmallCap 600 on September 18, 2018.
• Science Applications International Corporation SAIC dropped 10.8 percent to $81.95 after the company announced plans to acquire Engility Holdings for $2.5 billion in an all-stock transaction.
• iKang Healthcare Group, Inc. KANG fell 10.6 percent to $16.43 after the company on Friday announced it will re-evaluate a proposed merger between IK Healthcare Investment Limited and IK Healthcare Merger Limited.
• PPDAI Group Inc. PPDF shares fell 9.2 percent to $5.66.
• Huazhu Group Limited HTHT fell 9 percent to $28.54. Deutsche Bank downgraded Huazhu Group from Buy to Hold.
• XBiotech Inc. XBIT shares fell 7.8 percent to $3.30.
• Autohome Inc. ATHM dipped 7.6 percent to $72.20.
• Iovance Biotherapeutics, Inc. IOVA shares dropped 7.3 percent to $11.725.
• Essendant Inc. ESND shares fell 7 percent to $13.26 after the company’s board determined that Staples offer constitutes a "superior proposal" to S.P. Richards transaction.