Mid-Day Market Movers (IIIIU, FMR, VVUS, MWW)
Information Services Group Inc (NASDAQ: IIIIU) climbed 74.55% to $2.88 at 10:30 am. IIIIU is all set to report its Q3 results on November 9.
First Mercury Financial Corporation (NYSE: FMR) jumped 43.57% to $16.31. Fairfax Financial Holdings Ltd has announced its plans to acquire FMR for $294 million or $16.50 per share in cash, representing a 45% premium to FMR's closing price on Thursday.
VIVUS Inc (NASDAQ: VVUS) shares surged 25.61% to $7.70. Analysts at JP Morgan upgraded VVUS from "neutral" to "overweight" and lifted its target price from $6 to $13. FDA rejected VVUS' obesity drug Qnexa but didn't ask for its further trials.
Monster Worldwide Inc (NYSE: MWW) shares advanced 23.70% to $17.80. MWW posted upbeat Q3 earnings and lifted its projections for the full year.
Read more from Benzinga's Markets.
