Market Overview

Morning Market Gainers

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Emerald Oil Inc (NYSE: EOX) shares climbed 43.76 percent to $7.49 following the announcement that it will not proceed with stock offering.

Hydrogenics Corporation (USA) (NASDAQ: HYGS) shares surged 35.34 percent to $12.21 after the company reported a 10 year exclusive agreement, to supply Alstom Transport with hydrogen fuel cell systems for European regional commuter trains.

Opexa Therapeutics Inc (NASDAQ: OPXA) shares jumped 20.29 percent to $0.463. On Tuesday, Maxim Group initiated coverage on Opexa Therapeutics with a Buy rating and a $5.00 price target.

Meru Networks, Inc. (NASDAQ: MERU) shares gained 16.31 percent to $1.61 after Fortinet Inc (NASDAQ: FTNT) announced its plans to purchase Meru Networks for $1.63 per share.

Ceres Inc (NASDAQ: CERE) shares rose 14.79 percent to $1.94 after the company reported that it has been awarded a US patent for innovation in soybean.

Five Prime Therapeutics Inc (NASDAQ: FPRX) shares gained 10.13 percent to $21.66 on news that it has licensed certain antibodies to Bluebird Bio Inc. (NASDAQ: BLUE).

Tiffany & Co. (NYSE: TIF) rose 9.81 percent to $93.92 after the company reported stronger-than-expected results for the first quarter on Wednesday.

Retrophin Inc (NASDAQ: RTRX) shares gained 7.68 percent to $28.93 following news that the company will sell priority review voucher to Sanofi SA (ADR) (NYSE: SNY).

Cellectis SA (ADR) (NASDAQ: CLLS) shares jumped 6.97 percent to $38.99 after rising 7.21 percent on Tuesday.

TiVo Inc. (NASDAQ: TIVO) shares climbed 4.73 percent to $10.85 after the company reported upbeat results for the first quarter.

Nanosphere, Inc. (NASDAQ: NSPH) shares rose 4.52 percent to $3.70 following the report of a 6.4 percent stake by SWK Holdings on Tuesday.

Posted-In: Market GainersNews Intraday Update Markets Movers

 

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