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Market Overview

Morning Market Gainers

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Prima Biomed Ltd. (NASDAQ: PBMD) shares climbed 37.63 percent to $1.64 after the company reported that it has received positive Scientific Advice from the EMA on the development path for its lead product, IMP321.

Depomed Inc (NASDAQ: DEPO) surged 35.27 percent to $27.92 after Horizon Pharma PLC (NASDAQ: HZNP) proposed to acquire DepoMed for $29.25 per share in stock.

Plug Power Inc (NASDAQ: PLUG) shares rose 10.72 percent to $2.47 after the company reaffirmed its FY15 financial targets.

Himax Technologies, Inc. (ADR) (NASDAQ: HIMX) climbed 8.37 percent to $8.42. Chardan Capital upgraded Himax Technologies from Sell to Buy and raised the price target from $4.00 to $13.00.

Oramed Pharmaceuticals, Inc. (NASDAQ: ORMP) shares gained 6.55 percent to $7.36 after the company reported that it has signed a non-binding Letter of Intent for an investment and license agreement in China with Sinopharm Capital Management Co. Ltd. and Hefei Life Science & Technology Park Investments and Development Co., Ltd.

Pinnacle Entertainment, Inc (NYSE: PNK) rose 6.73 percent to $39.98. GLPI raised its offer to acquire Pinnacle's real estate assets.

Exa Corp (NASDAQ: EXA) shares jumped 4.20 percent to $11.41 after dropping 1.26 percent on Monday.

 

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