Morning Market Movers
Verso Paper (NYSE: VRS) climbed 60.68% to $1.88. Verso Paper announced today that it has held discussions with certain holders of first-lien senior secured notes of NewPage Corporation in an effort to achieve a potential business combination.
Central Federal (NASDAQ: CFBK) surged 42.94% to $2.23. Central Federal shares have dropped 61.00% over the past 52 weeks, while the S&P 500 index has gained 2.07% in the same period.
MediciNova (NASDAQ: MNOV) surged 36.55% to $2.24. MediciNova announced scheduling of End-of-Phase 2 meeting with the United States Food and Drug Administration (FDA) for MN-221 for the treatment of acute exacerbations of asthma.
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