Morning Market Movers
Edgen Group (NYSE: EDG) rose 56.45% to $11.89 after Sumitomo Corporation announced its plans to acquire Edgen Group.
Lexicon Pharmaceuticals (NASDAQ: LXRX) moved up 30.73% to $3.11 after the company achieved positive results in type 2 diabetes patients with renal impairment.
Myriad Genetics (NASDAQ: MYGN) jumped 11.57% to $26.22 after the company reported that CPT code pricing error should take a 'week or two' to correct. Ladenburg Thalmann upgraded the stock from Neutral to Buy.
RADA Electronic Industries (NASDAQ: RADA) shares jumped 11.10% to $1.60. RADA Electronic's trailing-twelve-month revenue is $23.40 million.
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