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.
This Tiger Cub Giant Is Betting On Banks And Tech Stocks In The Recovery
The first two months of the third quarter were the best months for D1 Capital Partners' public portfolio since inception, that's according to a copy of the firm's August update, which ValueWalk has been able to review. Q2 2020 hedge fund letters, conferences and more According to the update, D1's public portfolio returned 20.1% gross 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.