Market Overview

Morning Market Movers

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Penford (NASDAQ: PENX) jumped 70.88% to $18.78 after Ingredion (NYSE: INGR) announced its plans to buy Penford for about $340 million.

CSR plc (NASDAQ: CSRE) shares climbed 29.44% to $54.30 after Qualcomm (NASDAQ: QCOM) announced its plans to acquire CSR for $2.5 billion.

Versar (NYSE: VSR) shares gained 24.05% to $5.21 after surging 16.67% on Tuesday. Ebola-related stocks gain on report of second Texas health care worker testing positive for Ebola.

Alpha Pro Tech (NYSE: APT) shares surged 19.29% to $8.78 after falling 26.77% on Tuesday. Alpha Pro Tech develops face masks and other protective apparel.

Lakeland Industries (NASDAQ: LAKE) shares climbed 18.43% to $25.38 after dropping 26.10% on Tuesday.

Peregrine Pharmaceuticals (NASDAQ: PPHM) shares rose 17.14% to $1.64 after the company announced data to be published in the Journal of Immunology Research support Phosphatidylserine (PS) as a potential target in Ebola infection.

Diodes (NASDAQ: DIOD) shares jumped 8.57% to $23.30. Raymond James upgraded Diodes from Outperform to Strong Buy.

Transcept Pharmaceuticals (NASDAQ: TSPT) rose 5.56% to $1.90 after the company reported a special dividend of $0.6674 per share and added contingent future amounts related to merger with Paratek.

Posted-In: market moversNews Intraday Update Markets Movers

 

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