Market Overview

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Morning Market Gainers

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AirMedia Group Inc. (NASDAQ: AMCN) jumped 41.46% to $2.90. AirMedia Group announced its plans to sell 5% equity interest of its Advertising Business for RMB 150 million.

Second Sight Medical Products, Inc. (NASDAQ: EYES) shares gained 21.63% to $15.35 after the company reported the first successful implant of Model of Orion I visual cortical prosthesis.

Zep, Inc. (NYSE: ZEP) climbed 17.50% to $20.08 after the company agreed to be acquired by New Mountain Capital for $20.05 per share in cash.

Regulus Therapeutics Inc. (NASDAQ: RGLS) rose 11.41% to $17.77 following news that AstraZeneca plc (ADR) (NYSE: AZN) selected its RG-125 as a clinical candidate.

PostRock Energy Corporation (NASDAQ: PSTR) shares jumped 7.52% to $4.68 after jumping 139.01% on Tuesday.

Inovio Pharmaceuticals, Inc. (NASDAQ: INO) shares rose 5.73% to $9.60 as the company reported that it has been selected by the DARPA to lead a $45 million program to expedite development of novel products to prevent and treat disease caused by Ebola.

Mitcham Industries Inc. (NASDAQ: MIND) shares climbed 3.66% to $4.82. Mitcham Industries reported Q4 adjusted loss of $0.32 per share on revenue of $15 million.

CyberArk Software, Ltd. (NASDAQ: CYBR) shares gained 3.63% to $61.61 after rising 8.13% on Tuesday.

Baltic Trading Limited (NYSE: BALT) shares surged 3.09% to $1.67 after Genco Shipping & Trading announced its plans to acquire Baltic Trading in a stock-for-stock transaction.

Tesla Motors, Inc. (NASDAQ: TSLA) shares climbed 3.05% to $209.46. Tesla has started taking orders for new Model S.

Posted-In: Market GainersNews Intraday Update Markets Movers

 

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