Share: Gainers Mereo BioPharma (NASDAQ: MREO) shares are trading higher after the company, and Ultragenyx, announced a license and collaboration agreement for setrusumab, a monoclonal antibody in clinical development for osteogenesis imperfecta. Sonoma Pharmaceuticals (NASDAQ: SNOA) shares are trading higher after the company announced a partnership with Gabriel Science for dental markets. Medicenna Therapeutics (NASDAQ: MDNA) shares are trading higher after Oppenheimer initiated coverage on the stock with an Outperform rating and set a $12 price target. Losers Applied DNA Sciences (NASDAQ: APDN) shares are trading lower after the company reported worse-than-expected Q4 EPS and sales results. FedEx (NYSE: FDX) shares are trading lower after the company reported Q2 earnings results. The company did not provide 2021 guidance.