Morning Market Movers
Pernix Therapeutics Holdings Inc (AMEX: PTX) shares advanced 36.64% to $8.95. PTX's net revenue surged around 178% in the second quarter.
Renaissance Learning Inc (NASDAQ: RLRN) surged 24.51% to $14.73. RLRN agreed to be acquired by Permira Funds for $14.85 per share in cash.
Fabrinet (NYSE: FN) shares surged 15.07% to $17.56. Analysts at JP Morgan upgraded Fabrinet from “neutral” to “overweight.”
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