Morning Market Movers
NewLead Holdings Ltd (NASDAQ: NEWL) surged 72% to $2.15 at 9:45 am. NEWL's Board of Directors decided to cancel the 1-for-5 reverse stock split of its common shares.
Recon Technology Ltd (NASDAQ: RCON) shares advanced 44.44% to $3.25. RCON shares have dropped 40.79% over the past 52 weeks, while the S&P 500 index has gained 8.96% in the same period.
Galena Biopharma Inc (NASDAQ: GALE) climbed 22.59% to $1.90. GALE received a Notice of Allowance from the U.S. Patent and Trademark Office (USPTO) for NeuVax in IHC1+/2+.
Gordmans Stores Inc (NASDAQ: GMAN) surged 15.87% to $17.89. GMAN reported upbeat Q4 profit.
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