Morning Market Movers
Verenium Corporation (NASDAQ: VRNM) surged 27.92% to $3.94 at 9:45 am. Verenium reported that it has completed a $37 million sale of certain assets to DSM Food Specialties B.V., a business group of Royal DSM.
Arena Pharmaceuticals Inc (NASDAQ: ARNA) shares advanced 17.35% to $2.83. ARNA shares have jumped 65.07% over the past 52 weeks, while the S&P 500 index has gained 6.63% in the same period.
Elbit Imaging Ltd (NASDAQ: EMITF) climbed 14.58% to $2.75. EMITF's trailing-twelve-month revenue is $290.89 million.
DARA Biosciences Inc (NASDAQ: DARA) surged 9.03% to $1.57. Dara BioSciences reported that it has obtained US commercial rights to co-promote Bionect.
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