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5 Top Stock Gainers for Thursday: Midatech Pharma, AMD, Nvidia

Midatech Pharma, Danaher, Lennar, AMD and Nvidia are five top stock gainers for Thursday.
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Stocks finished mixed Thursday after the Federal Reserve indicated it would tighten monetary policy earlier than previously expected.

Here are some of the big movers in the stock market on Thursday:

1. Midatech Pharma | Increase 45%

Midatech Pharma  (MTP)  shares soared after the U.K.-based biotechnology company announced a "breakthrough" in the development of its specialized technology that can form proteins into long-lasting injectable drug therapies.

2. Danaher | Increase 5%

Shares of Danaher  (DHR)  were higher after the medical products and services provider said it had agreed to buy privately held biotech Aldevron for about $9.6 billion in cash. 

Danaher said it expected to finance the acquisition using cash on hand or by issuing commercial paper.

3. Lennar | Increase 3.6%

Lennar  (LEN)  rose after the homebuilder posted better-than-expected second-quarter results and new orders rose sharply from a year earlier. 

Lennar earned $831.4 million, or $2.65 a share, compared with $517.4 million, or $1.65 a share, a year earlier. 

The report comes as post-pandemic demand for housing in the U.S. is nothing short of frenzied.

4. Advanced Micro Devices | Increase 5.6%

Shares of Advanced Micro Devices  (AMD)  rose after Alphabet's  (GOOGL)  Google Cloud said Google will offer cloud computing services based on AMD's newest data center chip. 

Google said customers such as Snap  (SNAP)  and Twitter  (TWTR)  are testing the new AMD-based services.

5. Nvidia | Increase 4.8%

Nvidia  (NVDA)  climbed after Jefferies analyst Mark Lipacis raised his price target on the semiconductor maker to a Wall Street high of $854 from $740 a share. Lipacis said that he saw a strong opportunity for software licensing in data centers.

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