Benzinga's Top #PreMarket Gainers

Avanir Pharmaceuticals

shares jumped 13.89% to $17.10 in pre-market trading after the company agreed to be acquired by Otsuka Pharmaceutical for $17.00 per share in cash. Spansion

shares gained 18.82% to $27.15 in the pre-market trading session after Cypress Semiconductor announced its plans to buy Spansion for $1.59 billion in stock. Cypress Semiconductor

shares surged 11.79% to $11.66 in pre-market trading after the company announced its plans to buy Spansion

for $1.59 billion in stock. Analysts at Topeka Capital upgraded Cypress from Hold to Buy and raised the price target from $10.50 to $13. Shoe Carnival

shares rose 3.26% to $20.26 in pre-market trading after the company reported upbeat third-quarter earnings and issued a strong fourth-quarter sales forecast.