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10 Biggest Mid-Day Gainers For Monday

BURL, DGLY, PRKR, GRPN, T.BLDP, SIEB

 

  • China Xiniya Fashion Ltd (ADR) (NYSE: XNY) shares surged 156.6 percent to $2.72 after the company reported a share transfer transaction. China Xiniya Fashion’s controlling shareholder, Qiming Investment Limited, agreed to sell a controlling interest in the company.
  • ParkerVision, Inc. (NASDAQ: PRKR) shares jumped 86.9 percent to $6.60 following announcement of patent license and settlement agreement with Samsung.
  • ARM Holdings plc (ADR) (NASDAQ: ARMH) shares climbed 41.6 percent to $66.68 after SoftBank Group Corp agreed to acquire ARM Holdings in a $32.2 billion deal.
  • Siebert Financial Corp. (NASDAQ: SIEB) shares gained 30 percent to $1.56. Siebert Financial shares have declined 22.81 percent over the past 52 weeks, while the S&P 500 index has gained 1.57 percent in the same period.
  • Ballard Power Systems Inc. (USA) (NASDAQ: BLDP) shares rose 25.2 percent to $1.74 as the company reported an agreement with Guangdong Nation Synergy Hydrogen Power worth $168 million over 5 years.
  • Eco-Stim Energy Solutions Inc (NASDAQ: ESES) shares gained 22.2 percent to $2.70. Credit Suisse initiated coverage on Eco-Stim Energy Solutions with an Outperform rating.
  • Digital Ally, Inc. (NASDAQ: DGLY) shares rose 15.6 percent to $6.17. Digital Ally shares have dropped 55.79 percent over the past 52 weeks, while the S&P 500 index has gained 1.57 percent in the same period.
  • Groupon Inc (NASDAQ: GRPN) shares surged 11.2 percent to $3.88. Piper Jaffray upgraded Groupon from Neutral to Overweight and raised the price target from $4.00 to $6.00.
  • Burlington Stores Inc (NYSE: BURL) shares gained 6.5 percent to $72.19 after the company lifted its Q2 earnings guidance.
  • Coach Inc (NYSE: COH) shares rose 3.1 percent to $43.59. Baird upgraded Coach from Neutral to Outperform.


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