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athenahealth, Inc ATHN stock was trading higher by 0.7 percent early Tuesday morning. The health care company confirmed Monday afternoon it will be reviewing Elliott Management's unsolicited offer to buy the entire company for $160 per share.

Comcast Corporation CMCSA was trading lower by nearly 2 percent. According to Reuters, the cable operator is looking to make an all-cash offer to buy the media assets from Twenty-First Century Fox Inc FOXA that Walt Disney Co DIS wants to acquire.

Bioblast Pharma Ltd ORPN was trading higher by 2 percent after surging 21.9 percent throughout Monday's session. The nano-cap low-float sock soared on no notable news -- similar to what has been seen over the past few weeks in other low-float nano-cap stocks. Bioblast Pharma has just 3.34 million shares outstanding.

Crocs, Inc. CROX was trading higher by more than 7.5 percent in reaction to its first-quarter results. The footwear maker said it earned 15 cents per share in the quarter on revenue of $283.1 million versus expectations of 13 cents per share and $272.21 million. Crocs also guided its second-quarter sales to a range of $315 to $325 million versus expectations of $310.8 million.

iShares US Aerospace & Defense ETF ITA - Watch for volatility in defense stocks as President Donald Trump is set to discuss the future of the Iran nuclear deal at 2:00 p.m ET with one of the outcomes completely pulling out of the accord.

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