Morning Market Movers

Edgen Group EDG rose 56.45% to $11.89 after Sumitomo Corporation announced its plans to acquire Edgen Group. Lexicon Pharmaceuticals LXRX moved up 30.73% to $3.11 after the company achieved positive results in type 2 diabetes patients with renal impairment. Myriad Genetics 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 RADA shares jumped 11.10% to $1.60. RADA Electronic's trailing-twelve-month revenue is $23.40 million.