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9/5 Notable Small Cap Movers

Big Gainers

INSM +120% Good ph 3 study data. PT raised to the high $30s and low $40s. Stock closed at $27.

XOMA +44% UG to op from neut and PT raised to $19 from $9 at Wedbush, include potential royalties on gevokizumab and canakinumab for cardiovascular disease sales. Stock closed at $16.

PULM +40% Received award from Cystic Fibrosis Foundation. This is not any win for the drug, see how it reacts tomorrow. Stock didn't move on this news until midday, which points to it not being strong news, just the demon went into the stock. Likely a good short tomorrow.

TYME +32% Don't see news, although there must be given that this is a $600M stock. Its a cancer treatment biotech, currently working on a treatment for prostrate cancer.

CDZI +31% Investors foresee a positive political outcome in this stock. The senate set aside a bill that would've blocked its water project.

WATT +23%  Announced a new charging product. Stock went higher all day from the news in the PM, to hod at the close.

NH +18% A very volatile, controversial biotech. No news.

AKCA +18% Continues multi-day uptrend, after one day pullback. Hit new 52 week high today, have a drug awaiting FDA approval decision.

RNN +17% Updated data at a conference. Is a microcap biotech. On 8/30, received new US patent for its drug. 

PCOM +16% No news. Stock flew up at 10am. Is a microcap ecommerce company.

Big Decliners

CLLS -20% Reported a patient death. CAR-T stock. FDA put on a clinical hold.

HCI -20% Is a property & casualty insurer in Florida. Down ahead of hurricane Irma.

HRTG -17% Another property & casualty insurer in Florida, down from Hurricane Irma.

FNHC -16% Another property & casualty insurer in Florida, down from Hurricane Irma.

MNK -12% Down as court sides with a generic competitor for a drug.

MHLD -10% Another P&C insurance company in Florida crushed.

REN -10% Oil up 3% today. Why is this stock down? Its earnings report won't be until November 6th.

LIFE -10% No news. Just a fade from a 10 day up and down rally. Is a microcap biotech. Recently got an infusion of funds from an investor group. 

AQMS -9% Reached new 52 week lows today. No news explaining why.