12 Biggest Mid-Day Gainers For Wednesday

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  • TESARO Inc TSRO shares jumped 113 percent to $79.22 after the company reported that its drug niraparib significantly improved progression-free survival for patients with ovarian cancer.
  • Diamond Resorts International Inc DRII shares gained 23.7 percent to $29.79 after the company reported a deal to be purchased by affiliates of certain funds managed by affiliates of Apollo Global Management LLC APO at $30.25 per share in cash.
  • PrivateBancorp Inc PVTB shares jumped 23.1 percent to $44.22 after Canadian Imperial Bank of Commerce (USA) CM revealed it struck a definitive agreement to buy PrivateBancorp and its subsidiary, The PrivateBank, for $47.00 a share.
  • Kingtone Wirelessinfo Solutions Hldg Ltd KONE shares climbed 23 percent to $3.27.
  • China Auto Logistics Inc CALI shares surged 22.5 percent to $1.74. Kingtone Wirelessinfo Solution Holding is expected to report financial results for its first six months of fiscal year 2016 on June 30, 2016.
  • Basic Energy Services, Inc BAS shares rose 17.8 percent to $1.72. Basic Energy Services is projected to release its Q2 financial results on July 21, 2016.
  • Twilio Inc TWLO gained 16.6 percent to $34.90. The company, which builds apps for voice and video, messaging and authentication APIs, debuted on Thursday at $23.99 and ended the session at $28.29.
  • A Schulman Inc SHLM rose 15.1 percent to $24.36 as the company reported better-than-expected earnings for its third quarter.
  • Clovis Oncology Inc CLVS shares surged 14.8 percent to $14.18 in pre-market trading in sympathy to Tesaro.
  • Biopharmx Corp BPMX gained 9.3 percent to $0.65 after the company reported positive Phase 2a clinical trial results.
  • Transocean LTD RIG shares gained 6.7 percent to $11.77. Evercore ISI Group upgraded Transocean from Sell to Hold.
  • Shire PLC (ADR) SHPG shares rose 5.4 percent to $180.17 after the company reported that SHP465 met primary and secondary endpoints at both 12.5mg and 37.5mg doses.
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Posted In: NewsIntraday UpdateMarketsMoversTop Gainers
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