38 Stocks Moving In Tuesday's Mid-Day Session
Lisa Levin 8 years ago
NewsMovers & ShakersIntraday UpdateMarketsMoversTrading Ideas
Gainers
- MannKind Corporation (NASDAQ:MNKD) jumped 60.7 percent to $1.7678 after the developer of inhaled therapeutic products announced a new collaboration. As part of a new agreement with United Therapeutics Corporation (NASDAQ:UTHR), MannKind will develop initial commercial supplies of a dry powder formulation of treprostinil for the treatment of pulmonary arterial hypertension and receive an upfront payment of $45 million with another $50 million in potential milestone payments. In return, United Therapeutics will handle global development, regulatory and commercial activities.
- The9 Limited (NASDAQ:NCTY) shares surged 40.8 percent to $1.52 after Chairman and CEO Jun Zhu announced the purchase of $3M of the company's American depository shares under a buyback plan.
- TravelCenters of America LLC (NASDAQ:TA) shares jumped 35.6 percent to $5.90 after the company announced it will sell its Minit Mart convenience store business to EG Group for approximately $330.8 million.
- China Advanced Construction Materials Group, Inc. (NASDAQ:CADC) rose 21.3 percent to $4.85.
- Cadiz Inc. (NASDAQ:CDZI) gained 20.8 percent to $11.60.
- Recro Pharma, Inc. (NASDAQ:REPH) gained 17.6 percent to $7.50 after the company announced it plans to resubmit a New Drug Application (NDA) for postoperative pain management therapy, IV meloxicam.
- Monaker Group, Inc. (NASDAQ:MKGI) gained 15.4 percent to $2.42.
- R.R. Donnelley & Sons Company (NYSE:RRD) surged 14.4 percent to $5.79 after Buckingham research upgraded the stock to Buy and raised its price target to $8.
- Cronos Group Inc. (NASDAQ:CRON) rose 13.5 percent to $11.21 after the Canada-based cannabis company said it will produce cultured cannabinoids as part of a new partnership with Ginkgo Bioworks, an organism company.
- RADA Electronic Industries Ltd. (NASDAQ:RADA) gained 12.4 percent to $2.9784.
- CPI Card Group Inc. (NASDAQ:PMTS) shares rose 11.9 percent to $3.5354.
- Ocean Rig UDW Inc (NASDAQ:ORIG) climbed 11.6 percent to $30.23. Transocean Ltd. (NYSE:RIG) announced plans to acquire Ocean Rig UDW for approximately $2.7 billion in cash and stock.
- Ballard Power Systems Inc. (NASDAQ:BLDP) gained 11 percent to $3.93 after the company on Friday signed an agreement to divest its non-core power manager business for up to $16 million in cash.
- Tilray, Inc. (NASDAQ:TLRY) rose 11.1 percent to $72.46.
- Motus GI Holdings, Inc. (NASDAQ:MOTS) gained 10 percent to $7.0401.
- BG Staffing, Inc. (NASDAQ:BGSF) shares climbed 8.4 percent to $26.40.
- Superconductor Technologies Inc. (NASDAQ:SCON) shares gained 7.8 percent to $2.56.
- Chiasma, Inc. (NASDAQ:CHMA) rose 7.6 percent to $2.528.
- Bandwidth Inc. (NASDAQ:BAND) gained 7.6 percent to $49.00 after KeyBanc raised its price target on the stock from $45 to $64.
- Mesa Air Group, Inc. (NASDAQ:MESA) surged 7.3 percent to $14.8005. Cowen & Co. initiated coverage on Mesa Air Group with an Outperform rating, while Raymond James initiated coverage on the stock with a Strong Buy rating.
- Innovate Biopharmaceuticals, Inc. (NASDAQ:INNT) shares rose 7.2 percent to $7.63 after surging 36.14 percent on Friday.
- Medical Transcription Billing, Corp. (NASDAQ:MTBC) gained 5 percent to $4.545 after the company announced a cross marketing and selling partnership with Salus Telehealth.
Check out these big penny stock gainers and losers
Losers
- Tahoe Resources Inc. (NYSE:TAHO) shares dipped 21.5 percent to $2.700 after a Guatemalan Constitutional Court reversed a court decision to reinstate the company's Escobal mining license; Mining license will remain suspended.
- Empresa Distribuidora y Cmrz Nrt SA(ADR) (NYSE:EDN) shares fell 16 percent to $21.01.
- Banco Macro SA (ADR) (NYSE:BMA) shares tumbled 13.1 percent to $37.94.
- Pampa Energia S.A. (ADR) (NYSE:PAM) shares fell 11.9 percent to $26.83.
- Grupo Financiero Galicia S.A. (ADR) (NASDAQ:GGAL) shares dropped 11.8 percent to $19.86.
- Corporacion America Airports SA (NYSE:CAAP) shares fell 10.5 percent to $8.16.
- Conn's, Inc. (NASDAQ:CONN) shares dipped 10.4 percent to $36.7250. Conn's reported better-than-expected results for its second quarter.
- Zai Lab Limited (NASDAQ:ZLAB) declined 9.7 percent to $20.52. Zai Lab on Sunday announced a $150 million ADS offering.
- BBVA Banco Frances S.A. (ADR) (NYSE:BFR) shares dropped 9.4 percent to $7.74.
- Intellicheck Inc (NYSE:IDN) shares fell 9.2 percent to $1.97.
- Seagate Technology plc (NASDAQ:STX) fell 8.8 percent to $48.83. Evercore ISI Group downgraded Seagate from In-Line to Underperform and lowered the price target from $55 to $45.
- Cellect Biotechnology Ltd. (NASDAQ:APOP) fell 8.6 percent to $5.0763.
- Transportadora de Gas del Sur SA (ADR) (NYSE:TGS) dropped 8 percent to $11.96.
- WPP plc (NYSE:WPP) fell 7.3 percent to $76.77 after reporting 2018 interim results.
- Transocean Ltd. (NYSE:RIG) shares fell 5.7 percent to $11.425 after the company announced plans to acquire Ocean Rig UDW Inc (NASDAQ:ORIG) for approximately $2.7 billion in cash and stock.
- Shoe Carnival, Inc. (NASDAQ:SCVL) dropped 4.2 percent to $42.63. Pivotal Research downgraded Shoe Carnival from Buy to Hold.