Morning Market Movers
Charm Communications (NASDAQ: CHRM) shares rose 8.56% to $4.69 after the company entered into a definitive agreement for going private transaction.
Ryanair Holdings plc (NASDAQ: RYAAY) rose 7.16% to $54.63. Ryanair's net profit for the year ended March 31 slipped to 522.8 million euros ($716 million), versus a year-ago profit of EUR569.3 million.
Country Style Cooking Restaurant Chain Co (NYSE: CCSC) surged 6.44% to $9.75 on Q1 results. Country Style Cooking Restaurant posted its quarterly net income of RMB11.6 million ($1.9 million), up from RMB2.0 million in the year-ago quarter.
StemCells (NASDAQ: STEM) climbed 5.76% to $1.47 after the company provided an update on Phase I/II study in spinal cord injury.
InterMune (NASDAQ: ITMN) shares jumped 5.57% to $36.22 after the company presented Phase 3 ASCEND study of Pirfenidone in idiopathic pulmonary fibrosis. Leerink upgraded the stock from Market Perform to Outperform.
Gogo (NASDAQ: GOGO) gained 5.26% to $14.40. UBS upgraded Gogo from Neutral to Buy.
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