Silver Spike, Immutep, 8x8: 5 Top Stock Gainers for Thursday
Stocks finished mixed Thursday amid concerns about stalled stimulus negotiations and a disappointing report on jobless claims.
Here are some of the top gainers for Thursday:
1. Silver Spike Acquisition | Percentage Increase 37%
Blank-check company Silver Spike Acquisition (SSPK) - Get Silver Spike Acquisition Corp Class A Report climbed after agreeing to merge with WM Holding in a transaction that will take the cannabis technology company public. The deal to take the parent of Weedmaps public values the company at around $1.5 billion.
2. Immutep | Percentage Increase 163%
Immutep (IMMP) - Get Immutep Ltd. Report soared after the Australian biotech reported positive results from a trial of a treatment for metastatic breast cancer. The company said the treatment has shown an overall survival benefit in a random setting in metastatic breast cancer patients known to be insensitive to immune checkpoint inhibitor therapy.
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3. 8x8 | Percentage Increase 35%
8x8 (EGHT) - Get 8x8, Inc. Report surged after the integrated cloud communications platform provider named Dave Sipes as CEO and a member of the board. Sipes was most recently chief operating officer of RingCentral (RNG) - Get RingCentral, Inc. Class A Report. The company also affirmed guidance for the third quarter and fiscal 2021.
4. TG Therapeutics | Percentage Increase 41%
TG Therapeutics (TGTX) - Get TG Therapeutics, Inc. Report was rising after the biopharma company announced positive top-line results from two Phase 3 studies for its ublituximab treatment of multiple sclerosis patients. Both studies met their primary endpoint, the company said.
5. TechTarget | Percentage Increase 18%
TechTarget (TTGT) - Get TechTarget, Inc. Report advanced after the internet content and information company said it had agreed to acquire BrightTALK, a marketing platform for webinars and virtual events in the enterprise IT market, for $150 million. The transaction is expected to close by the end of the year.
