Top Midday Gainers
Scribe Therapeutics (SCTX) has priced an upsized initial public offering of 8.6 million shares at $15 apiece, it said late Thursday.Additionally, Scribe Therapeutics agreed to sell 500,000 of its shares at $15 apiece to Sanofi (SNY) in a concurrent private placement, which is expected to close on Monday.Shares of Scribe Therapeutics surged 47%. Intraday trading volume stood at over 544,000.Safety Insurance (SAFT) stock soared 41% amid heavy trading after the company agreed to be acquired by an affiliate of Mapfre in a $1.54 billion all-cash deal, it said late Thursday.More than 691,000 shares of Safety Insurance traded intraday compared with a daily average of about 113,000.NIP (NIPG) has regained compliance with Nasdaq's minimum bid price requirement after receiving confirmation from the exchange on July 21, the company said Friday.Shares jumped 35%, with intraday trading volume rising to more than 56,000 versus the stock's daily average of about 11,000.Price: $22.56, Change: $+7.56, Percent Change: +50.37%