Morning Market Movers

Stewart Enterprises STEI shares advanced 33.98% to $13.05 after the company agreed to be bought by Service Corporation International SCI for $13.25 per share in cash. Smithfield Foods SFD surged 25.11% to $32.49 after the company agreed to be bought by Chinese Shuanghui Group for around $4.8 billion. Ballard Power Systems BLDP climbed 20.77% to $2.21 after the company signed a non-binding Memorandum of Understanding (MOU) with Azure Hydrogen for fuel cell bus development. Aegerion Pharmaceuticals AEGR surged 14.14% to $69.33 after JPMorgan lifted its price target on the stock from $48 to $69.