Market Overview

Morning Market Movers

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Morning Market Movers

Pike (NYSE: PIKE) shares climbed 48.81% to $11.85 after the company signed a definitive $12 per share deal to be acquired by its chief executive and a private equity firm.

ANI Pharmaceuticals (NASDAQ: ANIP) shares rose 15.07% to $30.77 after the company reported a Q2 loss of $0.21 per share on revenue of $6.65 million.

Durata Therapeutics (NASDAQ: DRTX) gained 14.45% to $14.65. Durata Therapeutics is expected to report Q2 financial results on August 7, 2014.

Tekmira Pharmaceuticals (NASDAQ: TKMR) shares surged 13.60% to $16.20 on a report that the FDA will work with companies developing Ebola drugs.

China Information Technology (NASDAQ: CNIT) rose 12.63% to $5.35 after the company announced strategic partnership with CITIC Securities.

Tower Semiconductor (NASDAQ: TSEM) jumped 7.55% to $11.09 after the company reported better-than-expected second-quarter net profit.

Mobileye NV (NYSE: MBLY) shares gained 6.87% to $39.54 after jumping 48% on Friday.

Amgen (NASDAQ: AMGN) surged 1.99% to $128.05 after the company reported that Phase 3 ASPIRE trial of Kyprolis has met primary endpoint.

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