Morning Market Movers

Andatee China Marine Fuel Services (NASDAQ:

) shares surged 70.29% to $2.98 after the company reported Q2 results. Monster Beverage (NASDAQ:

) shares climbed 30.97% to $93.84. Coca-Cola Company (NYSE:

) 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:

) 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:

) 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:

) shares gained 12.78% to $33.58 on quarterly results. SINA (NASDAQ:

) rose 7.26% to $51.29 after the company reported upbeat quarterly results. Autodesk (NASDAQ:

) climbed 2.75% to $57.83 after the company raised its full-year revenue outlook.