Morning Market Movers

Spherix SPEX rose 28.47% to $1.94. Spherix noted that the US Senate, and Senate Judiciary Committee Chairman Patrick Leahy (D-Vermont), removed the patent reform bill from the committee's calendar. The Hillshire Brands Company HSH shares jumped 20.91% to $44.76 on a $45.00 bid from Pilgrim's Pride PPC. BioCryst Pharmaceuticals BCRX soared 19.49% to $10.76 following the announcement of OPuS-1 Phase 2a trial meeting primary and secondary endpoints. Aeropostale ARO gained 9.09% to $3.72 after the company announced a $150 million financing transaction with Sycamore Partners. Vringo VRNG shares climbed 7.92% to $3.53. The rise in the stock may be attributed to Seeking Alpha post. Advaxis ADXS gained 7.12% to $2.74 after the company reported that its HER2 immunotherapy candidate has received Orphan Drug Designation for the treatment of osteosarcoma. Lentuo International LAS climbed 6.15% to $1.90 after the company announced management share purchase plan. SeaDrill SDRL shares gained 2.72% to $37.36 following Monday's announcement of co-operation agreement with Rosneft.