Morning Market Movers
Smithfield Foods (NYSE: SFD) surged 25.11% to $32.49 after the company agreed to be bought by Chinese Shuanghui Group for around $4.8 billion.
Ballard Power Systems (NASDAQ: BLDP) climbed 20.77% to $2.21 after the company signed a non-binding Memorandum of Understanding (MOU) with Azure Hydrogen for fuel cell bus development.
Aegerion Pharmaceuticals (NASDAQ: AEGR) surged 14.14% to $69.33 after JPMorgan lifted its price target on the stock from $48 to $69.
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