Market Overview

Morning Market Movers

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MAKO Surgical (NASDAQ: MAKO) moved up 82.96% to $29.58 after the company agreed to be acquired by Stryker (NYSE: SYK) for $30 per share in cash.

Oncothyreon (NASDAQ: ONTY) rose 25.56% to $2.26 after the company announced Merck Serono decision to continue the development of tecemotide.

Pioneer Power Solutions (NASDAQ: PPSI) jumped 19.73% to $8.98 after the company closed its earlier announced underwritten public offering of its common stock.

Ascena Retail Group (NASDAQ: ASNA) shares jumped 15.01% to $19.92 after the company reported upbeat fiscal fourth-quarter results.

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