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GTX Inc. (GTXI) announced Friday morning that its Phase 2 study of enobosarm failed to achieve its primary endpoint. GTX has gapped open dramatically lower this morning and is now down 21.31 at $1.98 on the highest volume of the year. The stock has plunged to a new low for the year.

The Wall Street Journal reported after the bell Monday that Avon Products (AVP) was recently approached by Brazil's Natura Cosmeticos about a takeover. Avon has gapped open higher Tuesday morning and is now up 0.14 at $2.22. The stock has broken out of a 1-month trading range and has set over a 4-month high.

Progenics Pharmaceuticals Inc. (PGNX) announced after the bell Wednesday that the co-primary endpoint of sensitivity of its Phase 3 study of 1404, its prostate specific membrane antigen, was not met. Progenics Pharmaceuticals has gapped open sharply lower Thursday morning and is now down 1.22 at...

Foamix Pharmaceuticals Ltd. (FOMX) announced after the bell Tuesday that its Phase 3 clinical trial of FMX101 for the treatment of moderate-to-severe acne met both co-primary endpoints. Foamix Pharmaceuticals has gapped open sharply higher Wednesday morning and is now up 1.29 at $7.21 on above average...

Francesca's Holdings Corp. (FRAN) reported second quarter EPS of $0.01 Tuesday morning, down from $0.20 a year ago. The consensus estimate was for EPS of $0.05. Francesca's gapped open sharply lower this morning and is now down 1.74 at $4.15 on above average volume. The stock has tumbled to a new low for the year.

Fred's Inc. (FRED) announced Monday morning that it has agreed to sell pharmacy patient prescription files and related pharmacy inventory from 185 of its locations in the Southeast to Walgreens (WAG) for $165 million. Fred's gapped open sharply higher this morning and is now up 0.82 at $2.46 on above...

Nevsun Resources Ltd. (NSU) announced Wednesday morning that it has agreed to be acquired by Zijin Mining for C$6.00 per share in cash. Nevsun Resources has gapped open sharply higher this morning and is now up 0.65 at $4.39 on above average volume. The stock has broken out to a new high for the year.

Southwestern Energy Co. (SWN) announced Tuesday morning that it has agreed to sell its Fayetteville Shale to Flywheel Energy for $1.865 billion in cash. Southwestern Energy gapped open sharply higher this morning and is now up 0.13 at $5.75. The stock has risen to an 8-month high.

R.R. Donnelley & Sons (RRD) gapped open higher Tuesday morning and has continued to rise in early trade. The stock is now up 0.46 at $5.52. R.R. Donnelley & Sons has broken out of a trading range and has set a 1-month high.

TravelCenters of America (TA) announced Tuesday morning that it has agreed to sell its Minit Mart convenience store business to EG Group for approximately $330.8 million. TravelCenters of America has gapped open sharply higher this morning and is now up 1.52 at $5.87 on above average volume. The stock...

Recro Pharma Inc. (REPH) announced Tuesday morning that it plans to resubmit its new drug application for IV meloxicam to the FDA by the end of this month. Recro Pharma has gapped open sharply higher this morning and is now up 1.31 at $7.69. The stock has jumped to over a 3-month high.

Ballard Power Systems (BLDP) announced Wednesday morning that it has entered into a strategic collaboration with Weichai Power Co. Ballard Power Systems gapped open sharply higher this morning and is now up 0.64 at $3.58. The stock has climbed to over a 4-month high.

Affimed (AFMD) announced Tuesday morning that it has entered into a strategic collaboration agreement with Genentech. Under the terms of the deal, Affimed will receive an upfront payment of $96 million and is eligible for up to an additional $5.0 billion. Affimed has gapped open sharply higher this...

Shares of Orchids Paper Products (TIS) have been rising steadily since the open Monday and are now up 0.83 at $3.50. Orchids Paper Products has climbed to a 3-week high this morning.

Diebold Inc. (DBD) gapped open higher Monday morning and is now up 0.45 at $5.00. Diebold has broken out to over a 1-week high.

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