40 Stocks Moving In Wednesday's Mid-Day Session

Gainers

  • Biogen Inc. BIIB shares jumped 40.6% to $347.39 after FDA briefing documents showed company provided evidence of effectiveness to support approval of aducanumab in Alzheimer's. Wells Fargo upgraded Biogen to Overweight.
  • Athira Pharma, Inc. ATHA gained 28% to $25.47.
  • Cassava Sciences, Inc. SAVA surged 26% to $11.58 after the company announced additional data from the Phase 2b study of sumifilam in patients with Alzheimer's disease. Patients treated with it showed a statistically significant treatment benefit.
  • Digirad Corporation DRAD gained 22% to $3.11 after the company agreed to sell its DMS Health Technologies business unit for $18.75 million.
  • Super Micro Computer, Inc. SMCI gained 21.7% to $28.24 as the company reported better-than-expected results for its first quarter and issued strong earnings forecast for the current quarter. The company also announced a $50 million buyback plan.
  • XPeng Inc. XPEV rose 20% to $26.68 after Citigroup initiated coverage on the stock with a Buy rating and a price target of $34.70 per share.
  • TravelCenters of America Inc. TA gained 19.9% to $30.06 after the company reported better-than-expected Q3 earnings.
  • AutoWeb, Inc. AUTO climbed 19.2% to $3.85.
  • Prothena Corporation plc PRTA gained 18.5% to $13.46 as the company announced presentations on two programs from its Alzheimer's disease portfolio at the CTAD 2020.
  • Kandi Technologies Group, Inc. KNDI surged 18.2% to $8.18 after the company received certification from the EPA.
  • Caesarstone Ltd. CSTE climbed 18% to $11.75 following Q3 results.
  • Supernus Pharmaceuticals Inc SUPN climbed 18% to $21.41 after the company reported better-than-expected Q3 results. The company also raised FY20 sales guidance above estimates.
  • American Well Corporation AMWL gained 17.1% to $30.45.
  • Eli Lilly and Company LLY gained 15.4% to $151.16.
  • AC Immune SA ACIU shares jumped 14.7% to $5.46.
  • Hyster-Yale Materials Handling, Inc. HY gained 14.3% to $50.89 after reporting Q3 results.
  • Cigna Corporation CI surged 14.2% to $209.92.
  • Uber Technologies, Inc. UBER rose 13.8% to $40.71.
  • ACM Research, Inc. ACMR shares gained 13.4% to $90.65.
  • JELD-WEN Holding, Inc. JELD climbed 11.9% to $24.60. Credit Suisse maintained JELD-WEN with an Underperform and raised the price target from $18 to $19.
  • UnitedHealth Group Incorporated UNH gained 11% to $356.86.
  • Lyft, Inc. LYFT rose 10.2% to $28.91 after gaining 7% on Tuesday.
  • argenx SE ARGX rose 6.5% to $274.30. Argenx reported downbeat quarterly results last month.

 

Check out these big penny stock gainers and losers

Losers

  • Repro Med Systems, Inc. KRMD dropped 27% to $4.48 after the company posted Q3 results.
  • RealNetworks Inc RNWK shares fell 17% to $1.27 after the company reported worse-than-expected Q3 sales.
  • CoreCivic, Inc. CXW shares fell 16.8% to $6.25.
  • The Andersons, Inc. ANDE dipped 15.6% to $18.93 following Q3 results.
  • Tabula Rasa HealthCare, Inc. TRHC fell 15% to $31.52 after reporting Q3 results.
  • Northern Dynasty Minerals Ltd. NAK shares dropped 14.6% to $0.7849.
  • Acorda Therapeutics, Inc. ACOR shares fell 13.4% to $0.9349. Acorda Therapeutics reported Q3 results.
  • Smith & Wesson Brands, Inc. SWBI dropped 12.8% to $15.32.
  • Aptevo Therapeutics Inc. APVO shares fell 12.7% to $9.80. Aptevo Therapeutics shares climbed 78% on Tuesday after the company announced the first complete remission in a patient was observed in the ongoing APVO436 Phase 1 clinical trial.
  • The GEO Group, Inc. GEO fell 11.9% to $8.60. GEO Group reported upbeat quarterly earnings last week.
  • Loop Industries, Inc. LOOP dropped 11.7% to $5.91.
  • Sturm, Ruger & Company, Inc. RGR dipped 10.7% to $62.93.
  • JinkoSolar Holding Co., Ltd. JKS fell 8.6% to $58.64.
  • Banco Bilbao Vizcaya Argentaria, S.A. BBVA fell 6.5% to $2.8750 after gaining over 5% on Tuesday.
  • ThermoGenesis Holdings, Inc. THMO fell 5.8% to $2.28 after gaining 11% on Tuesday.
  • CONSOL Energy Inc. CEIX fell 5.2% to $3.83. CONSOL Energy, last month, entered into a merger deal with CONSOL Coal Resources for an all-stock deal valued at roughly $34.4 million.
  • Mercury Systems Inc MRCY fell 4.5% to $70.88 after the company issued Q2 guidance below estimates.
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