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Straight Path Communications Inc (NYSE: STRP) shares jumped 146.7 percent to $90. AT&T Inc. (NYSE: NYSE) announced an
agreement to acquire Straight Path in a deal valued at $1.6 billion, including liabilities.
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Cytori Therapeutics Inc (NASDAQ: CYTX)
shares rose 40.15 percent to $1.92 after the company announced that the FDA had approved an Investigational Device Exemption
(IDE) for a pilot clinical trial to evaluate Cytori Cell Therapy in patients with thermal burn injury.
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Axovant Sciences Ltd (NYSE: AXON) shares
climbed 28.42 percent to $19.43 after the company named David Hung as its new CEO, effective April 7.
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Sito Mobile Ltd (NASDAQ: SITO) shares
rose 24.64 percent to $2.63. The company had named Lawrence Firestone as its interim CFO last month.
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Geron Corporation (NASDAQ: GERN) shares
were up 19.53 percent to $2.57, after the company announced that a second internal review of imetelstat's ongoing clinical
trials for two blood-based malignancies warrants further investigation for both indications.
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Swift Transportation Co (NYSE: SWFT)
shares jumped 22.08 percent to $24.44 on news of the company’s merger with Knight Transportation in an all-stock transaction.
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Windtree Therapeutics Inc (NASDAQ: WINT) shares rose 11.93 percent to $1.22. The top-line results from phase 2b of
the company’s aerosolized KL4 surfactant therapies for respiratory diseases is expected in mid-2017.
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Galectin Therapeutics Inc (NASDAQ: GALT) shares surged 15.33 percent to $3.31. The company received positive FDA
feedback.
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Everi Holdings Inc (NYSE: EVRI) shares
rose 14.58 percent to $5.50 after the company released preliminary Q1 results and announced plans to refinance some of its
outstanding debt.
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Cyclacel Pharmaceuticals Inc (NASDAQ: CYCC) shares rose 12.33 percent to $6.65 after the company reported positive
results for its new product for the treatment of lung cancer patients.
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BioTelemetry, Inc. (NASDAQ: BEAT)
shares climbed 13.00 percent to $30.85. The company has entered into a definitive agreement to acquire the outstanding shares
of LifeWatch AG.
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Medallion Financial Corp (NASDAQ: MFIN)
shares rose 12.30 percent to $2.07. Research firm Alpha One, which ranks companies on a scale of negative one to positive one,
gave Medallion Financial Corp a daily sentiment score of 0.14.
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Knight Transportation Inc. (NYSE: KNX)
shares were up 12.81 percent to $34.58 on news of the company’s merger with Swift Transportation in an all-stock transaction.
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Gemphire Therapeutics Inc (NASDAQ: GEMP) shares climbed 11.98 percent to $11.50. Jefferies issued its Q1 2017 EPS
estimate for Gemphire Therapeutics at ($0.84), while reiterating a Buy rating and a price target of $17.
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