Morning Market Movers (ABIO, LBIX, CGNX, AEIS)
ARCA biopharma Inc (NASDAQ: ABIO) jumped 62.23% to $3.05 at 9:50 am. ABIO signed a global patent rights agreement with Novartis for one of ARCA's early stage assets.
Leading Brands Inc (NASDAQ: LBIX) climbed 22.55% to $3.75. LBIX's Board of Directors authorized an increase of $1,000,000 US in its share repurchase program.
Cognex Corporation (NASDAQ: CGNX) shares surged 17.00% to $36.33. CGNX reported upbeat Q1 profit.
Advanced Energy Industries Inc (NASDAQ: AEIS) shares advanced 13.62% to $15.34. AEIS reported a 97.5% y/y surge in its Q1 revenue.
Read more from Benzinga's Markets.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.