Market Movers - OCT 22nd 2018
22 October 2018
American Railcar Industries, Inc.
The Stock price exploded by a 50.2% reaching $69.53 in the Pre-Market session after its announcement that the Company would be acquired for $70 per share.
Mirati Therapeutics, Inc.
The Stock price plunged by a 32.5% reaching $27 in the Pre-Market session after the Company disclosed the updated Clinical data and shared FDA forecast for a future trial.
The Stock price went down by a 7.2% reaching $91 in the Pre-Market session after the Company reported its Q3’18 Earnings report which was lower than the Market expectation.
Koninklijke Philips NV
The Stock price decreased by a 6.7% reaching $37.28 in the Pre-Market session after Koninklijke Philips NV reported its Earnings report for the recent quarter which was below Market expectation.
Caesars Entertainment Corporation
Share price went down by a 5.4% reaching $9.65 in the Pre-Market session after the news spread that the Company may disagree to a merger agreement from Golden Nugget owner Fertitta.
Origin Agritech Limited
Share price soared by a 20.6% reaching $8.38 in the Pre-Market session after Origin Agritech Limited addressed the market that the company will buy 1.40 million common stocks for $5.54 per share.
Dynavax Technologies Corporation
Share price went up by a 22.6% reaching $13.35 in the Pre-Market session after Dynavax Technologies Corporation disclosed to the market that SD-101 in combination with Merck’s KEYTRUDA continued to show a 70% overall response rate in advanced melanoma patients.
CollPlant Holdings Ltd.
Share price increased by a 46.2% reaching $8.04 in today’s Pre-Market session after the Company announced that it has come into an agreement with United Therapeutics for a global licensing and commercialization agreement for 3D bioprinting of solid-organ scaffolds for human transplants.
Share price went up by a 5% reaching $6.10 in the Pre-Market session after the Company notified that it will announce its Q3’18 Earnings report on November 5, 2018.
Top Ships Inc.
The Stock price upshot by an 81.1% reaching $2.30 in the Pre-Market session after Trump ended the 144-year old Postal treaty signed with China. This will have a direct benefit as shipping costs will increase.