Morning Market Movers
Spire Corporation (NASDAQ: SPIR) shares surged 50.39% to $1.91 at 9:45 am. SPIR shares have dropped 69.62% over the past 52 weeks, while the S&P 500 index has declined 1.66% in the same period.
American Medical Alert Corp (NASDAQ: AMAC) shares gained 45.87% to $8.30. Tunstall Healthcare Group announced its plans to acquire American Medical Alert for around $82.3 million in cash.
American Superconductor Corporation (NASDAQ: AMSC) climbed 18.57% to $5.30. AMSC projected a wider-than-expected Q2 loss.
PNM Resources Inc (NYSE: PNM) jumped 15.32% to $15.81. PNM Resources announced its plans to sell its competitive businesses in Texas.
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