Morning Market Movers

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MediciNova
MNOV
rose 87.86% to $4.04 after the company reported positive results for MN-001. Ocean Power Technologies
OPTT
jumped 43.44% to $3.17 after the company announced a funding agreement with Australian government for A$66.5 million grant. Echelon
ELON
moved up 30.84% to $2.97 after Google
GOOG
announced its plans to acquire Nest Labs for $3.2 billion. Control4
CTRL
shares jumped 17.65% to $21.80. Control4's PEG ratio is 2.99.
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