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Morning Market Movers

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Morning Market Movers
Morning Market Movers

Ditech Networks (NASDAQ: DITC) surged 75.76% to $1.42 at 9:55 am. Nuance Communications (NASDAQ: NUAN) announced its plans to buy Ditech Networks for $1.45 per share in cash.

Iridium Communications (NASDAQ: IRDMW) surged 20.91% to $1.33. Iridium Communications' stock has a 52-week low of $0.88.

Kingsway Financial Services (NYSE: KFS) climbed 16.02% to $2.10. Kingsway Financial Services is restructuring its Insurance Services and Insurance Underwriting segments.

Prima Biomed Ltd (NASDAQ: PBMD) shares advanced 16% to $6.96. Prima Biomed had $40.16 million in total cash and no debt for the latest quarter.

Posted-In: Morning Market MoversNews Intraday Update Markets Movers

 

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