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Morning Market Movers


Marshall Edwards Inc (NASDAQ: MSHL) climbed 40.58% to $1.94 at 9:45 am. The US Food and Drug Administration (FDA) approved the company's Investigational New Drug (IND) application for ME-143.

Pernix Therapeutics Holdings Inc (AMEX: PTX) shares advanced 36.64% to $8.95. PTX's net revenue surged around 178% in the second quarter.

Renaissance Learning Inc (NASDAQ: RLRN) surged 24.51% to $14.73. RLRN agreed to be acquired by Permira Funds for $14.85 per share in cash.

Fabrinet (NYSE: FN) shares surged 15.07% to $17.56. Analysts at JP Morgan upgraded Fabrinet from “neutral” to “overweight.”

Posted-In: Morning Market MoversNews Movers & Shakers Intraday Update Markets


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