Market Overview

Morning Market Movers

Related PNX
The Phoenix Companies, Inc. Announces Amended Order From SEC Regarding Delayed Filings
The Phoenix Companies Higher On Reports Of Exploring Sale
Related PVSW
Actian to Acquire Pervasive Software for $9.20/Share
Pervasive Software Will Solicit Bids from Interested Parties

Phoenix Companies (NYSE: PNX) shares advanced 1,925.50% to $30.18 at 9:45 am. Phoenix Companies reported that its 1-for-20 reverse stock split of its common stock became effective following market close on August 10, 2012.

Pervasive Software (NASDAQ: PVSW) surged 24.58% to $8.16. Actian offered $139 million to buy Pervasive Software.

Reading International (NASDAQ: RDIB) climbed 19.79% to $5.99. Reading's trailing-twelve-month revenue is $250.18 million.

Tranzyme (NASDAQ: TZYM) surged 16.98% to $4.96. Canaccord upgraded Tranzyme from “hold” to “buy.”

Posted-In: News Intraday Update Markets Movers

 

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