Top Midday Gainers
Enphase Energy (ENPH) shares rose amid heavy trading following price target raises from analysts, likely prompted by the company's in-line Q3 revenue outlook.
Shares advanced more than 11% as intraday trading volume jumped to more than 10.2 million from a daily average of about 4.05 million.
Pieris Pharmaceuticals (PIRS) and Palvella Therapeutics said on Wednesday that they have agreed to merge in an all-stock transaction.
Shares of Pieris soared nearly 78% as intraday trading volume advanced to almost 5.28 million from a daily average of about 21,000.
Hoth Therapeutics (HOTH) said on Wednesday that it signed an agreement with LTS Therapy Systems to develop and manufacture an oral film prototype.
The company said the HT-ALZ prototype is under development as a novel therapeutic solution for Alzheimer's Disease based on preclinical results released earlier this year.
Shares jumped 4.9%, with intraday trading volume at nearly 32.1 million versus the stock's daily average of roughly 98,000.
Price: 116.19, Change: +12.55, Percent Change: +12.11
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.