Morning Market Movers: The Bank of Kentucky Financial Corp., BB&T Corporation & More
The Bank of Kentucky Financial Corp. (NASDAQ: BKYF) shares jumped 28.74% to $46.67 after BB&T Corporation (NYSE: BBT) announced its plans to acquire The Bank of Kentucky in a cash and stock transaction.
RADA Electronic Industries (NASDAQ: RADA) gained 15.87% to $2.92.
Mast Therapeutics (NYSE: MSTX) rose 7.01% to $0.67 after the company reported positive top-line results from the Phase 2 study for AIR001.
Prosensa Holding NV (NASDAQ: RNA) rose 4.33% to $9.40 after the company reported that results confirmed the positive outcome of Demand II study, which met its primary endpoint, with no reported major safety concerns.
Allot Communications (NASDAQ: ALLT) shares gained 4.14% to $11.57 after the company received an expansion order of $15 million from a Tier-1 Operator.
Hertz Global Holdings (NYSE: HTZ) shares gained 3.87% to $29.56 after the company announced the resignation of its CEO Mark Frissora. The company named Brian MacDonald as its interim CEO and Linda Fayne Levinson as independent non-executive chair of the board.
Glu Mobile (NASDAQ: GLUU) shares jumped 3.48% to $5.35. Form 8-K from Glu Mobile showed that the company and Kim Kardashian have extended license deal for games from six months to one year.
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