Market Overview

Morning Market Movers

Stocks Hitting 52-Week Highs
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OBA Financial Services (NASDAQ: OBAF) rose 24.08% to $22.85 as F.N.B. (NYSE: FNB) announced its plans to acquire OBA Financial in an all stock transaction valued at around $23.56 per share.

Ocera Therapeutics (NASDAQ: OCRX) climbed 12.87% to $10.79 after the company announced a common stock offering.

BofI Holding (NASDAQ: BOFI) shares climbed 10.12% to $80.87. BofI Holding is expected to announce its Q3 results on May 6, 2014.

Alkermes plc (NASDAQ: ALKS) surged 7.06% to $44.00 on release of positive topline results from pivotal Phase 3 study of Aripiprazole Lauroxil.

BioScrip (NASDAQ: BIOS) rose 5.52% to $7.17 after dropping 4.03% on Monday. International (NASDAQ: CTRP) shares surged 4.02% to $52.27 on rumor of potential Baidu bid.

A. Schulman (NASDAQ: SHLM) climbed 2.59% to $37.26 after the company reported an upbeat fiscal second-quarter profit and lifted its full-year earnings forecast. The company expected earnings of $2.23 to $2.28 per share, versus analysts' estimates of $2.16 per share.

FuelCell Energy (NASDAQ: FCEL) shares gained 1.75% to $2.32 after falling 5.39% on Monday.

Posted-In: market moversNews Intraday Update Markets Movers


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