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.
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.
