GW Pharmaceuticals PLC- ADR (GWPH) Climbs Midday Despite Mixed Reviews

0
GW Pharmaceuticals PLC- ADR (GWPH) Climbs Midday Despite Mixed Reviews

Towerstream Corporation (NASDAQ:TWER), GW Pharmaceuticals PLC- ADR (NASDAQ:GWPH) and ExOne Co (NASDAQ:XONE) are today’s top midday gainers. The losers are Gleacher & Company Inc (NASDAQ:GLCH), Agenus Inc (NASDAQ:AGEN) and Eastman Kodak Co. (NYSE:KODK).

GW Pharmaceuticals Climbs as Piper Jaffray increases its price target

Up +12.87%, Towerstream Corporation (NASDAQ:TWER) is this Monday’s top gainer midday. Analysts at HC Wainwright initiated coverage of the wireless broadband services provider today, setting a neutral rating on the stock. Billionaire investor George Soros initiated a position in Towerstream in Q2 2013 and seems to still be waiting to reap the benefits of his investment, as the company’s share price has declined -26.27% over the past year.

Seth Klarman’s 2021 Letter: Baupost’s “Never-Ending” Hunt For Information

Baupost's investment process involves "never-ending" gleaning of facts to help support investment ideas Seth Klarman writes in his end-of-year letter to investors. In the letter, a copy of which ValueWalk has been able to review, the value investor describes the Baupost Group's process to identify ideas and answer the most critical questions about its potential Read More

GW Pharmaceuticals PLC- ADR (NASDAQ:GWPH) climbed +12.34% after Piper Jaffray analysts increased its price target from $97 to $147 – though it’s worth noting that some think it’s a bubble stock close to popping. All debates aside, the Farallon Capital is up +154.94% YTD.

ExOne Co (NASDAQ:XONE) takes the third spot on today’s list of midday gainers. The price of the 3D printer manufacturer, a Tiger Global holding, jumped +10.03%. It’s been an impressive four-week run for ExOne, with its price climbing +43.38% over the past month.

Gleacher & Company Slides on Delisting News

Gleacher & Company Inc (NASDAQ:GLCH) fell -6.76%. On Friday, the company announced plans to delist from NASDAQ in July. Farallon Capital, which initiated a position in the independent investment bank in Q1, will be affected by the move.

The share price of Agenus Inc (NASDAQ:AGEN), a new first quarter buy for George Soros, dipped -5.88% midday today. Its price spiked +27% briefly last Thursday on the news of positive study data, but it has settled since. The biotech company is up +20.08% in 2014.

Rounding out today’s list of losers is Eastman Kodak Co. (NYSE:KODK), down -5.73% midday. The iconic imagery solutions company has had a rough go in 2014, its price declining -29.9% since the start of the year. George Soros bought 19 million KODK shares during the fourth quarter of 2013.

Updated on

No posts to display