Market Overview

Morning Market Movers

Opnext Inc (NASDAQ: OPXT) surged 49.56% to $1.69 at 9:45 am. Oclaro Inc (NASDAQ: OCLR) announced its plans to acquire Opnext in an all-stock deal valued at around $177 million.

Southern Community Financial Corp (NASDAQ: SCMF) shares advanced 36.60% to $2.68. Southern Community Financial agreed to be acquired by Capital Bank Financial for $2.875 per share.

Vermillion Inc (NASDAQ: VRML) surged 30.37% to $2.0599. VRML posted narrower-than-expected Q4 loss.

Carrollton Bancorp (NASDAQ: CRRB) climbed 24.18% to $4.52. CRRB shares have dropped 19.65% over the past 52 weeks, while the S&P 500 index has gained 7.36% in the same period.

Posted-In: Morning Market MoversNews Intraday Update Markets Movers

 

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