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18 Biggest Mid-Day Gainers For Wednesday

Sky Solar Holdings Ltd (ADR) SKYS 46.59% shares jumped 52.8 percent to $4.11 as the company reported the potential sale of certain assets held by Sky Solar Japan for $165 million.

SCYNEXIS Inc SCYX 21.6% shares climbed 25.2 percent to $2.58. Guggenheim Securities initiated coverage on SCYNEXIS with a Buy rating.

Auris Medical Holding AG EARS 31.77% shares gained 21.9 percent to $4.68. Auris Medical is expected to announce Q2 financial results on Thursday, August 18, 2016.

Nymox Pharmaceutical Corporation NYMX 20.4% shares climbed 18.6 percent to $2.38. Nymox Pharma reported private placements of $2.24 million.

Urban Outfitters, Inc. URBN 16.58% surged 16.3 percent to $36.33 as the company reported stronger-than-expected results for its second quarter on Tuesday.

Mediwound Ltd MDWD 15.38% gained 14.4 percent to $7.29. Wells Fargo initiated coverage on MediWound with an Outperform rating.
Long Island Iced Tea Corp LTEA 14.16% rose 13.3 percent to $5.20. On Tuesday, Long Island Iced Tea reported a Q2 loss of $0.42 per share on revenue of $1.6 million.

OSI Systems, Inc. OSIS 12.79% shares climbed 12.6 percent to $68.29. OSI Systems posted upbeat earnings for its fourth quarter on Tuesday.

Citi Trends, Inc. CTRN 11.82% shares rose 12.2 percent to $19.89 following Q2 results. Citi Trends posted a Q2 loss of $0.01 per share on revenue of $155.3 million.

Continental Materials Corporation CUO 9.14% rose 10.4 percent to $21.97. Continental Materials reported Q2 earnings of $1.08 per share on sales of $42.721 million.

Valeant Pharmaceuticals Intl Inc VRX 13.17% shares rose 10.1 percent to $29.29. Morgan Stanley upgraded Valeant from Equal-weight to Overweight and raised the price target from $33.00 to $42.00.

Aegean Marine Petroleum Network Inc. ANW 6.58% shares gained 9.3 percent to $9.63 as the company announced that it will buy back 11.3 million shares owned by Dimitris Melissanidis.

BOS Better OnLine Sol (USA) BOSC 8.7% shares gained 8.9 percent to $3.69. B.O.S. is expected to release Q2 financial results on Monday, August 29, 2016.

MeetMe Inc MEET 5.26% shares surged 7.8 percent to $5.41 after reiterating strong guidance figures for its third quarter and full year. For Q3 management expects revenue of $17 million to $17.5 million, which compares to consensus of $17.28 million, and adjusted EBITDA of $6.5 million to $7 million, up at least 25 percent year-over-year.

Cardinal Financial Corporation CFNL 6.09% shares gained 5.3 percent to $27.14. Bloomberg TV reported that United Bancshares Inc. UBOH 1.68% is in talks to acquire Cardinal.

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