Market Overview

Morning Market Movers


Dynamics Research (NASDAQ: DRCO) jumped 58.07% to $11.46 as the company agreed to be acquired by Engility Holdings (NYSE: EGL) for $11.50 per share in cash.

Xyratex (NASDAQ: XRTX) shares jumped 26.77% to $13.25 after Seagate Technology Plc (NASDAQ: STX) announced its plans to buy the company for around $374 million in cash.

Can-Fite BioPharma (NYSE: CANF) rose 24.04% to $9.08 after the company reported top-line results of Phase IIb study with CF101 as a Monotherapy for Rheumatoid Arthritis.

United Therapeutics (NASDAQ: UTHR) moved up 23.90% to $108.83 as the company announced the FDA approval of OrenitramExtended-Release Tablets for the treatment of pulmonary arterial hypertension. JP Morgan upgraded the stock from Underweight to Neutral and raised the target price from $62 to $90.

Posted-In: market moversNews Intraday Update Markets Movers


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