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Morning Market Gainers

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Bellerophon Therapeutics LLC (NASDAQ: BLPH) shares climbed 12.41% to $10.96. FBR Capital initiated coverage on Bellerophon Therapeutics with a Outperform rating and a $23.00 price target. Cowen & Company initiated coverage on Bellerophon Therapeutics with a Outperform rating and a $21.00 price target.

Amarin Corporation plc (NASDAQ: AMRN) shares rose 10.32% to $3.20 after surging 21.85% on Friday.

Kandi Technolgies Group, Inc. (NASDAQ: KNDI) shares jumped 9.83% to $14.53. Kandi Tech reported FY earnings of $0.29 per share on revenue of $170.2 million.

Neuralstem, Inc. (NYSE: CUR) shares rose 8.75% to $2.78. Neuralstem reported a FY14 loss $0.26 per share on revenue of $18.8 million.

A. Schulman, Inc. (NASDAQ: SHLM) shares gained 7.56% to $45.24 after the company announced its plans to buy Citadel Plastics Holdings for $800 million.

Microvision Inc. (NASDAQ: MVIS) shares jumped 7.30% to $2.94 following the announcement of $14.5 million in component orders.

Life Time Fitness, Inc. (NYSE: LTM) shares rose 5.06% to $70.60 after the company agreed to be purchased by affiliates of Leonard Green & Partners and TPG for $72.10 per share in cash.

CTI BioPharma Corp.(NASDAQ: CTIC) shares surged 4.65% to $2.06 after the company reported positive results in blood of Phase 2 results of pacritinib in patients with myelofibrosis.

King Digital Entertainment plc (NYSE: KING) gained 4.03% to $15.50. Analysts at JP Morgan upgraded King Digital Entertainment from Neutral to Overweight.

Boston Scientific Corporation (NYSE: BSX) shares gained 2.71% to $17.06 after the company received the FDA approval for WATCHMAN left atrial appendage closure device.

Salix Pharmaceuticals Ltd. (NASDAQ: SLXP) shares jumped 1.53% to $172.00. Valeant Pharmaceuticals Intl Inc (NYSE: VRX) has raised its bid for Salix Pharmaceuticals to $173 per share from $158 per share. The move counters an offer of $172.50 that Endo International plc (NASDAQ: ENDP) offered last week.

 

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