01:31 PM EDT, 07/16/2024 (MT Newswires) -- ServisFirst Bancshares ( SFBS ) shares jumped Tuesday after Piper Sandler lifted its price target to $70 from $63, while retaining the neutral rating following higher Q2 revenue reported overnight.

Shares jumped 14% as intraday trading volume advanced to 596,969 from a daily average of roughly 181,000.

Workhorse Group ( WKHS ) , a technology-focused firm helping transition to zero-emission commercial vehicles, said Tuesday that it received a Sourcewell contract for procurement in the Class 4-8 chassis and cabs category.

Sourcewell is a state-government agency created by the Minnesota legislature, the company said without disclosing financial details of the contract.

Shares soared 28% as intraday trading volume climbed to more than 5 million versus the stock's daily average of about 949,000.

Silo Pharma ( SILO ) said Tuesday it entered into an exclusive global license agreement to further develop, manufacture, and commercialize its Alzheimer's drug, SPC-14.

Shares soared 95% as intraday trading volume catapulted to over 134 million from a daily average of about 258,000.

Price: 80.73, Change: +9.85, Percent Change: +13.90