Morning Market Movers
McMoRan Exploration Co (NYSE: MMR) climbed 74.49% to $14.76 at 9:45 am. Freeport-McMoRan Copper & Gold (NYSE: FCX) is considering to buy McMoRan Exploration and a large oil and gas company, according to The Financial Times.
Mitek Systems (NASDAQ: MITK) surged 34.17% to $3.22. US Bank and Mitek Systems have entered into a strategic mobile technology partnership to offer Mitek's Mobile Photo Bill Pay™ product.
Plains Exploration & Production Company (NYSE: PXP) shares advanced 24.56% to $44.90. Plains Exploration's trailing-twelve-month operating margin is 24.78%.
Metabolix (NASDAQ: MBLX) surged 21.92% to $1.3899. Metabolix shares have dropped 75.90% over the past 52 weeks, while the S&P 500 index has gained 11.58% in the same period.
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