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Actionable news in DVAX: Dynavax Technologies Corporation,

12 Biggest Mid-Day Gainers For Tuesday

  • Navidea Biopharmaceuticals Inc (NYSE: NAVB) shares climbed 79 percent to $0.611 as the company announced a Letter of Intent to sell Lymphoseek in North America to Cardinal Health Inc (NYSE: CAH).
  • CoLucid Pharmaceuticals Inc (NASDAQ: CLCD) shares jumped 77.7 percent to $18.94 after the company disclosed that its SAMURAI final stage study evaluating lasmiditan achieved both the primary and key secondary efficacy endpoints. The company claimed that lasmiditan was well tolerated.
  • Cepheid (NASDAQ: CPHD) shares climbed 51.8 percent to $52.25. Danaher Corporation (NYSE: DHR) disclosed Tuesday that it reached a definitive merger deal with Cepheid to buy the latter for $53.00 a share in cash.
  • Navistar International Corp (NYSE: NAV) shares jumped 50.7 percent to $21.20. Navistar disclosed it established a wide-ranging strategic alliance with Volkswagen Truck & Bus. As a result, the company would get an investment of $256 million from Volkswagen at $15.76 a share. This would translate into 16.6 percent stake.
  • Dynavax Technologies Corporation (NASDAQ: DVAX) shares surged 26.7 percent to $13.82. Dynavax confirmed the cancellation of November 16, 2016 FDA VRBPAC meeting. The company said that PDUFA date of December 15, 2016 for HEPLISAV-B remains unchanged.
  • Nova Lifestyle Inc (NASDAQ: NVFY) shares rose 22.4 percent to $1.53. Nova Lifestyle shares have dropped 42.66 percent over the past 52 weeks, while the S&P 500 index has gained 10.69 percent in the same period.
  • Burcon NutraScience Corp (NASDAQ: BUR) gained 20.4 percent to $2.62 as the company disclosed that Archer Daniels Midland Company (NYSE: ADM) confirmed plans to achieve full commercial production of CLARISOY soy protein this year.
  • Spectra Energy Corp. (NYSE: SE) climbed 13.1 percent to $40.90. Enbridge and Spectra Energy agreed to merge in an all-stock transaction.
  • Paramount Gold Nevada Corp (NYSE: PZG) shares rose 11.1 percent to $2.11. Gold futures gained 1.32 percent to trade at $1,344.20 an ounce.
  • Threshold Pharmaceuticals, Inc. (NASDAQ: THLD) shares gained 9.1 percent to $1.32 in pre-market trading after surging 15.24 percent on Friday.
  • Enbridge Inc (USA) (NYSE: ENB) shares rose 4.4 percent to $42.78. Enbridge and Spectra Energy agreed to merge in an all-stock transaction.
  • Sangamo Biosciences, Inc. (NASDAQ: SGMO) shares gained 3.7 percent to $4.48 as the company disclosed that it has received orphan drug designation from the FDA for SB-FIX.

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