Market Overview

Morning Market Movers

LML Payment Systems (NASDAQ: LMLP) shares advanced 81.82% to $3.40 at 10:50 am. Digital River (NASDAQ: DRIV) announced its plans to buy LML Payment Systems for around $97.3 million.

Longwei Petroleum Investment Holding Limited (AMEX: LPH) surged 28.92% to $1.56. Longwei Petroleum reported that it will complete the purchase of the assets of Huajie Petroleum Co Ltd by the end of this month.

Skystar Bio Pharmaceutical Company (NASDAQ: SKBI) surged 23.68% to $1.88. Skystar Bio Pharmaceutical's trailing-twelve-month operating margin is 31.52%.

Rambus (NASDAQ: RMBS) climbed 21.91% to $6.01. Rambus shares have dropped 65.08% over the past 52 weeks, while the S&P 500 index has gained 25.57% in the same period.

Tags: Morning Market Movers

Posted in: News, Intraday Update, Markets, Movers

 

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