Morning Market Movers
Andatee China Marine Fuel Services (NASDAQ: AMCF) shares surged 70.29% to $2.98 after the company reported Q2 results.
Monster Beverage (NASDAQ: MNST) shares climbed 30.97% to $93.84. Coca-Cola Company (NYSE: KO) and Monster Beverage announced a long-term strategic partnership. As part of the deal, Coca-Cola will buy a 16.7% equity stake in Monster.
Achillion Pharmaceuticals (NASDAQ: ACHN) rose 14.34% to $9.65 after the company reported that it has achieved 100% sustained virologic response rate from an eight week Phase 2 trial evaluating a ribavirin-free regimen of ACH-3102 and Sofosbuvir for Genotype 1 HCV.
Actions Semiconductor Co (NASDAQ: ACTS) rose 13.21% to $2.40 after the company reported Q2 results and announced that it expects to commence a Dutch auction tender offer for its ordinary shares.
Daqo New Energy (NYSE: DQ) shares gained 12.78% to $33.58 on quarterly results.
SINA (NASDAQ: SINA) rose 7.26% to $51.29 after the company reported upbeat quarterly results.
Autodesk (NASDAQ: ADSK) climbed 2.75% to $57.83 after the company raised its full-year revenue outlook.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.