Analysis

Xencor Inc (NASDAQ:XNCR) shares rose 32.06% to $16.56 on Tuesday after the company officially signed its collaboration agreement with Novartis AG (ADR) (NYSE:NVS), which has agreed to pay $150 million to have access to Xencor's top two product candidates. Xencor is a clinical-stage biopharmaceutical company that is focused on discovering and developing engineered...

RigNet Inc (NASDAQ:RNET) shares rose 18.83% to $13.25 on Tuesday after WTI crude oil landed back above the $48/barrel level. It appears as though equities and commodities are starting to regain footing after the Brexit fallout, lifting oil-related stocks in the process. RigNet is a provider of digital technology solutions to...

Spi Energy Co Ltd (NASDAQ:SPI) shares were up 11.26% to $6.62 on Tuesday as the company signed two new EPC contracts in China, namely a 40MW photovoltaic (PV) power generation project with Inner Mongolia Jitong New Energy Technology Co., Ltd. and a 6MW project with Linze County Tianheng New Energy...

Suffolk Bancorp (NYSE:SCNB) shares rose 24.86% to $29.33 on Tuesday as the company disclosed an acquisition offer of $402 million from People's United Financial. The company has a market cap of $339.51 million at 11.86 million shares outstanding. Shares have been trading in a 52-week range of $23.15 to...

HeartWare International Inc (NASDAQ:HTWR) shares were up 92.76% to $57.79 on Tuesday, giving back 0.22% of its gains in after-hours trading. HeartWare International develops and manufactures small implantable heart pumps or ventricular assist devices to treat patients suffering from advanced heart failure. The company has a market cap of $916.74...