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Morning Market Gainers

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Atmel Corporation (NASDAQ: ATML) shares jumped 13.89 percent to $8.28 after Dialog Semiconductor Plc (OTC: DLGNF) announced its plans to acquire Atmel for around $4.6 billion.

Galectin Therapeutics Inc (NASDAQ: GALT) rose 6.83 percent to $2.44. H.C. Wainwright initiated coverage on Galectin Therapeutics with a Buy rating and a $7.00 price target.

Uniqure NV (NASDAQ: QURE) shares surged 6.05 percent to $35.43 following Saturday announcement of positive topline results from Phase I/II trial in Sanfilippo B syndrome patients using AAV5-based gene therapy.

CytRx Corporation (NASDAQ: CYTR) shares gained 5.79 percent to $3.01 after the company reported the publication of its positive global Phase 2b clinical trial results for soft tissue sarcoma in the peer-reviewed JAMA Oncology.

AcelRx Pharmaceuticals Inc (NASDAQ: ACRX) shares gained 5.29 percent to $4.18 after PDL BioPharma Inc (NASDAQ: PDLI) announced the acquisition of portion of AcelRx Pharma's expected royalties and milestones from Zalviso for $65 million.

Allot Communications Ltd (NASDAQ: ALLT) surged 4.49 percent to $5.12 after the company reported that it has received an $8 million expansion order from a tier-1 operator.

Shire PLC (ADR) (NASDAQ: SHPG) shares rose 2.47 percent to $223.89 following announcement of EC approval of non-stimulant ADHD treatment.

Lennar Corporation (NYSE: LEN) shares gained 2.26 percent to $52.93 after the company reported stronger-than-expected results for its fiscal third quarter.

 

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