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Morning Market Movers

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Adolor Corporation (NASDAQ: ADLR) shares gained 130.21% to $2.21 at 9:45 am. Cubist Pharmaceuticals Inc (NASDAQ: CBST) announced its plans to acquire all of the outstanding shares of Adolor for $4.25 per share in cash.

Wowjoint Holdings Limited (NASDAQ: BWOWU) shares surged 33.65% to $1.47. BWOWU shares have dipped 78.00% over the past 52 weeks, while the S&P 500 index has gained 4.66% in the same period.

Healthspring Inc (NYSE: HS) climbed 33.24% to $53.51. Cigna Corp (NYSE: CI) announced its plans to buy HealthSpring for $3.8 billion.

Sky-mobi Limited (NASDAQ: MOBI) jumped 21.94% to $4.78. MOBI entered into a strategic agreement with SINA Corporation (NASDAQ: SINA).

Posted-In: Morning Market MoversNews Intraday Update Markets Movers

 

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