Monday's #PreMarket Movers: Spectrum Pharmaceuticals, Cyberark Software Trending Down

Spectrum Pharmaceuticals, Inc. SPPI -26% - Received unfavorable litigation ruling in Fusilev case.

Cyberark Software Ltd CYBR -5% - Downgraded to Underweight at JP Morgan.

Rigel Pharmaceuticals, Inc. RIGL +45% - Reported research collaboration with Bristol-Myers Squibb.

Biocept Inc BIOC +27% - Announced favorable findings from OncoCEE-BR Study.

Ballard Power Systems Inc. (USA) BLDP +16% - Signed two new technology contracts.

Polypore International, Inc. PPO +13% - Polypore’s media business will be acquired by 3M for $1 billion.

Celldex Therapeutics, Inc. CLDX +14.5% - Received breakthrough designation from FDA for its Rintega therapy.

ADMA Biologics Inc ADMA +5% - Reported positive data from phase III RI-002 trial.

Home Loan Servicing Solutions Ltd HLSS +8% - New Residential will acquire HLSS for $18.25 per share.

Tower Semiconductor Ltd. (USA) TSEM +8.7% - Announced Q4 EPS.

Valeant Pharmaceuticals Intl Inc VRX +9% - Announced purchase of Salix Pharmaceuticals for ~$10 billion.

Ocwen Financial Corp OCN +2.6% - Announced intent to sell $9.8 billion in assets.

Pacific Drilling SA PACD +4.3% - Reported Q4 EPS.

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