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The Markets
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The Markets
by Proactive
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The Markets
by Proactive
Proactive UK has moved.
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Pharma & Biotech

U.S. Risers/Fallers: Kohl's, Chembio, Cynapsus, Regen, Gogo, Energizer, SinglePoint

Below are the main news driven share price changes at 10:50 a.m. in New York on Thursday:

RISERS

Kohl's (NYSE:KSS) rose 6.5% to $45.94 after the department store operator reported better-than-expected quarterly net sales and profit, helped by strong back-to-school sales.

Chembio Diagnostics (NASDAQ:CEMI) advanced 1.7% to $5.35 after the provider of rapid point-of-care diagnostic tests reported a narrower-than-expected quarterly loss and higher-than-estimated revenue.

Cynapsus Therapeutics (NASDAQ:CYNA) added 0.7% to $15.15, reversing an earlier slump. The developer of the APL-130277 drug for treating Parkinson's disease reported cash improved to $109.5mln as of September 30 from $17.4mln as of last December 30.

Regen BioPharma (OTCBB:RGBP) gained 15% to $0.155. The biotechnology company started preclinical studies evaluating utilization of NR2F6 gene silencing as a means of stimulating the immune system in cancer patients with Dr. Santosh Kesari, professor of Neurosciences, at the John Wayne Cancer Institute.

Gogo (NASDAQ:GOGO) fluctuated and was last up 0.6% at $16.22. The provider of broadband connectivity solutions and wireless entertainment to the aviation industry unveiled its next generation satellite technology on Thursday during a series of flights on its Boeing 737 aircraft. The technology – called 2Ku – is expected to be launched commercially in the coming months.

FALLERS

Energizer (NYSE:ENR) slumped 11% to $35.44 after the battery maker lagged behind estimates by a penny with adjusted quarterly profit of $0.61 per share.

SinglePoint (OTCMKTS:SING) fell 17% to $0.00624. The full-service mobile technology and marketing provider said it has fully executed its agreement to acquire Text2Bid for $1.25mln.

Cancer test developer VolitionRx (NYSE:VNRX) revealed that chief executive Cameron Reynolds will be at two conferences this month to discuss the business's progress. The shares fell 6.1% to $4.00.

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