Market Overview

Morning Market Movers (CEPH, NLST, BVX, OXM)

Cephalon Inc (NASDAQ: CEPH) shares surged 28.34% to $75.40 at 9:45 am. Valeant Pharmaceuticals International (NYSE: VRX) made an unsolicited $5.7 billion offer to purchase Cephalon.

Netlist Inc (NASDAQ: NLST) shares advanced 23.55% to $2.99. NLST received 3 patents related to hypercloud memory technology.

Bovie Medical Corporation (AMEX: BVX) jumped 23.05% to $3.31. BVX shares have dropped 56.96% over the past 52 weeks, while the S&P 500 index has gained 12.46% in the same period.

Oxford Industries Inc (NYSE: OXM) climbed 18.55% to $29.65. OXM reported its Q4 earnings at $3.22 per share, up from $0.24 per share, in the year-ago period.

Read more from Benzinga's Markets.

Posted-In: Morning Market MoversNews Intraday Update Markets Movers

 

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