Morning Movers

Minerva Neurosciences Inc NERV +58% - The company announced positive news on its Parkinson’s disease treatment.

CytRx Corporation CYTR +25% - Tuesday morning the company reported positive interim brain cancer study results.

Ebix Inc. EBIX +15% - The company announced a resolution with the IRS in regard to the company’s tax returns.

NQ Mobile NQ +8.7% - Shares are higher following an update of the company’s buyback program and management stock purchase commitment.

El Pollo LoCO Holdings Inc. LOCO +6% - Shares were upgraded to to Buy with a $27 price target at Jefferies.

Mast Therapeutics MSTX -12% - Late Monday, the company provided an update on its EPIC Study enrollment.

Integrated Device Technology IDTI -10% - After hours Monday, Alliance for Wireless Power and Power Matters Alliance announced plans to merge.

RAIT Financial Trust RAS -7.5% - Shares are lower following the company’s announcement of an acquisition of a Texas apartment community.

Infinera Corp. INFN -6.5% - Analysts at Needham downgraded shares of Infinera to Hold.

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