Morning Market Movers
eOn Communications (NASDAQ: EONC) jumped 161.29% to $3.24 after the company entered into a merger agreement with Inventergy and announced the sale of preferred stock.
Valassis Communications (NYSE: VCI) moved up 21.17% to $34.29 after the company agreed to be acquired by Harland Clarke Holdings Corp for $34.04 per share in cash.
NeoPhotonics (NYSE: NPTN) shares jumped 16.38% to $6.75. NeoPhotonics shares have gained 1.40% over the past 52 weeks, while the S&P 500 index has jumped 24.04% in the same period.
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