Morning Market Movers (KNDL, EONC, ZSTN, CRU)
Kendle International Inc (NASDAQ: KNDL) jumped 57.79% to $14.99 at 9:45 am. INC Research LLC announced its plans to acquire Kendle for around $232 million in cash.
eOn Communications Corporation (NASDAQ: EONC) shares advanced 25.17% to $1.79. EONC shares have dropped 40.17% over the past 52 weeks, while the S&P 500 index has gained 15.56% in the same period.
ZST Digital Networks Inc (NASDAQ: ZSTN) climbed 22.48% to $4.25. ZSTN reported a 166% year-over-year jump in its Q1 net income.
Crude Carriers Corp (NYSE: CRU) shares surged 15.86% to $15.05. Capital Product Partners LP announced its plans to acquire Crude Carriers.
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