Morning Market Movers (LONG, GFRE, SCEI, SAPXD)
eLong Inc (NASDAQ: LONG) jumped 29.72% to $22.00 at 9:45 am. Tencent Holdings Ltd purchased an $84.4 million stake in eLong Inc.
Gulf Resources Inc (NASDAQ: GFRE) shares surged 19.80% to $3.63. GFRE reported a 52.8% y/y surge in its Q1 revenue.
Sino Clean Energy Inc (NASDAQ: SCEI) shares advanced 18.75% to $2.85. SCEI reported a 38% year-over-year surge in its Q1 revenue.
Seven Arts Pictures PLC (NASDAQ: SAPXD) climbed 18.72% to $2.79. SAPXD shares have jumped 667.97% over the past 52 weeks, while the S&P 500 index has gained 16.93% in the same period.
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