Why Isle of Capri Casinos (ISLE) and KB Home (KBH) Are Among Today’s Gaining Stocks

Shares of Geron Corporation (NASDAQ:GERN) have gained around 7.45% so far today, on the back of the announcement of a license agreement with existing partner Janssen Pharmaceuticals, Inc. The agreement granted Janssen with exclusive worldwide rights under Geron’s proprietary patents and related know-how for the development and commercialization of its products, which are based around specialized oligonucleotide backbone chemistry and novel amidates for ribonucleic acid interference. Geron will be paid non-refundable upfront payment of $5 million for the licence agreement and another $75 million in milestone payments. A total of 11 funds we track held about $5 million of Geron shares at the end of June, down from 12 funds and $8.5 million, respectively, a quarter earlier.

The stock of Everbridge Inc. (NASDAQ:EVBG) has soared 17.73% today as the stock commenced its trading today following an IPO. The trading volume was at 1.8 million shares and day’s range stood at $11.76 – $18.73. The company offered for sale around 7.50 million shares at $12 per share. Everbridge Inc. (NASDAQ:EVBG) is a software that provides communication and enterprise safety applications. It had a revenue of $35.6 million and a net loss of $6.0 million in the first six months of 2016.

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