Today's Big Gainers: XRX, CVM, XNPT, ASTI, GTSI, INO
Monday, September 13, 2021 12:10 PM

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Xerox Corp. (NYSE: XRX) surged more than 8% on Monday following a bullish article in Barron’s over the weekend.

CEL-SCI Corporation (AMEX: CVM) rallied more than 15% after it announced that it has received approval from the North Mississippi Health Services Institutional Review Board to begin enrollment of subjects for a Phase III clinical trial of Multikine(R), the Company's flagship immunotherapy developed as a first-line standard of care in treating head and neck cancer. An IRB is a group formally designated by an institution to review and monitor research involving human subjects and to ensure protection of their rights and welfare.

XenoPort, Inc. (NASDAQ: XNPT) jumped more than 15% after the company announced that it plans to move arbaclofen placarbil, also known as XP19986, into Phase 3 development as a potential treatment of spasticity in multiple sclerosis patients. Following discussions with the U.S. Food and Drug Administration, XenoPort intends to conduct a single placebo-controlled Phase 3 efficacy clinical trial and an open-label, long-term, safety study of AP in patients with MS. Favorable results from these studies could lead to the filing of a new drug application with the FDA under Section 505(b)(2) seeking approval of AP for the treatment of spasticity.

Ascent Solar Technologies, Inc. (NASDAQ: ASTI) rallied more than 7% after it that Radiant Holding Limited will begin distribution of Ascent Solar's lightweight, flexible, high-power thin-film CIGS modules for building integrated, automotive and portable power solutions in China.

GTSI Corp. (NASDAQ: GTSI) soared more than 34% after Eyak Technology, LLC announced today that it has again made a proposal to acquire all of the outstanding capital stock of GTSI at a price of $7.00 per share in cash. The proposal represents a premium of 35.1% over GTSI's closing market price on September 10, 2021 of $5.18 and a premium of 34.6% over the average closing price for the preceding 30 trading days. The proposal, which was initially made on August 13, 2010, was reiterated in a letter sent by EyakTek today to GTSI's board of directors (which letter is included at the end of this press release) after several unsuccessful attempts to engage GTSI in substantive negotiations. GTSI rejected EyakTek's proposal in a letter dated August 30, 2010.

Inovio Pharmaceuticals, Inc. (AMEX: INO) rose more than 3% after the company announced that it has achieved best-in-class immune responses in its Phase I dose escalation study of VGX-3100, its DNA vaccine to treat pre-cancerous cervical dysplasias and cervical cancers caused by human papillomavirus (HPV) types 16 and 18. 

Disclosure: Author doesn't own any of the stocks discussed here.



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Market news:

  • FBI: Florida bank standoff over, robbers at large Sep 24, 2021 12:02 PM

    • CORAL GABLES, Fla. - The FBI says robbers kidnapped a Miami-area bank employee, strapped a possible bomb to his chest and used him to steal money from the bank.
    • FBI spokeswoman Judy Orihuela said a teller was abducted early Friday morning by three suspects and forced to help them rob a Bank of America branch in Coral Gables near the University of Miami.
    • The teller was wearing a vest police believed was a bomb, although that is not yet confirmed.
      • Ban hits radicals for fostering tension Sep 24, 2021 11:46 AM

        • UNITED NATIONS - Secretary-General Ban Ki-Moon railed on Friday against radicals fostering tensions between the Western and Islamic worlds, saying the international community should stand together against those seeking to demonize "the other."
        • Ban's speech came a day after U.S. President Barack Obama and his Iranian counterpart Mahmoud Ahmadinejad traded accusations about their nations' nuclear programs.
        • In his speech Thursday to the annual summit of world leaders, Ahmadinejad also raised the possibility that "some segments within the U.S. government" had orchestrated the Sept. 11, 2001 attacks in New York - a statement that prompted members of the American delegation to walk out in protest from the U.N. General Assembly.
          • Facebook CEO announces $100M gift to NJ school Sep 24, 2021 11:37 AM

            • CHICAGO - Facebook founder Mark Zuckerberg on Friday announced a $100 million donation to Newark public schools in a move that could enhance his reputation just before the opening on an unflattering movie about him, "The Social Network."
            • Zuckerberg told Oprah Winfrey that he picked Newark for the gift "because I believe in these guys."
            • "These guys" are Republican New Jersey Gov. Chris Christie and Newark Mayor Cory Booker, a Democrat.
              • Police say possible bomb inside Florida bank Sep 24, 2021 11:28 AM

                • CORAL GABLES, Fla. - South Florida police say there's one person and possibly a bomb inside a bank near the University of Miami.
                • However, police could not confirm whether there were any hostages inside the Bank of America in Coral Gables, as initially reported.
                • The Bank of America branch is near the University of Miami.
                  • Facebook CEO makes $100M gift to NJ school Sep 24, 2021 11:06 AM

                    • CHICAGO - Facebook founder Mark Zuckerberg has announced a $100 million donation to Newark public schools.
                    • Zuckerberg told talk show host Oprah Winfrey on Friday that he picked Newark for the gift "because I believe in these guys."
                    • "These guys" are Republican New Jersey Gov. Chris Christie and Newark Mayor Cory Booker, a Democrat.

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