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Morning Market Movers

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Morning Market Movers
Aldeyra Therapeutics Reports Expansion of Drug Development Team Ahead of NS2 Clinical Trials
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Sterne Agee Sees Turnaround For Retail Stocks
RadioShack Extends Big Rally; BB&T Skeptical
American Apparel to Fire Founder, CEO Dov Charney (Fox Business)

Aldeyra Therapeutics (NASDAQ: ALDX) shares surged 14.35% to $7.65 after the company named Stephen Tulipano as its Chief Financial Officer.

American Apparel (NYSE: APP) shares surged 14.03% to $0.73 after the company's board suspended Dov Charney as CEO and named John Luttrell as Interim CEO.

BlackBerry (NASDAQ: BBRY) jumped 12.30% to $9.31 after the company reported a narrower-than-expected first-quarter loss.

Measurement Specialties (NASDAQ: MEAS) rose 10.35% to $86.07 after the company agreed to be acquired by TE Connectivity (NYSE: TEL) for $86 cash per share.

StemCells (NASDAQ: STEM) climbed 10.19% to $1.73 after the company reported announced positive interim results from Phase I/II AMD trial.

Ballard Power Systems (NASDAQ: BLDP) climbed 8.07% to $4.49 in pre-market trading after reporting a $6 million licensing deal in China.

Flexion Therapeutics (NASDAQ: FLXN) shares jumped 7.85% to $16.08 after the company reported positive topline results from Phase 2a trial with FX006.

The Kroger Co (NYSE: KR) gained 5.65% to $49.94 after the company reported strong Q1 results and raised its FY outlook.

Red Hat (NYSE: RHT) gained 4.78% to $55.64 after the company reported upbeat results for the first quarter and lifted its full-year outlook.

Isis Pharmaceuticals (NASDAQ: ISIS) soared 4.57% to $35.27 in the pre-market trading. The rise in the stock may be attributed to NY Times article 'In Single Gene, a Path to Fight Heart Attacks', mentioning Isis.

Posted-In: market moversNews Intraday Update Markets Movers


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