BLI - Hot Stocks: Oil stocks jump; GSKY bought by GS; AA sets high; TBPH falls again; shorts come for BLI

Higher commodity prices presented a key theme in Wednesday's equity market. Oil producers rallied on the back of strong crude prices, with notable gains coming from EOG Resources (NYSE:EOG), Diamondback Energy (NASDAQ:FANG), Occidental Petroleum (NYSE:OXY) and Marathon Oil (NYSE:MRO). Meanwhile, aluminum producer Alcoa (NYSE:AA) added to its recent strength to set a new high. This came as investors bet that a recent advance in aluminum prices would persist. Elsewhere, M&A news inspired another of the day's notable gainers. GreenSky (NASDAQ:GSKY) spiked more than 50% on a $2B+ deal to be acquired by Goldman Sachs (NYSE:GS). Turning to the session's biggest losers, Theravance Bio (NASDAQ:TBPH) suffered another setback on Wednesday. The company failed in a clinical trial and announced massive layoffs in a bid to refocus the company. Berkeley Lights (NASDAQ:BLI) also recorded a massive decline. A harsh report from a well-known short-seller prompted a double-digit percentage decline and took the

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Hot Stocks: Oil stocks jump; GSKY bought by GS; AA sets high; TBPH falls again; shorts come for BLI