Market Overview

12 Stocks Moving In Monday's Pre-Market Session

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Gainers

XenoPort, Inc. (NASDAQ: XNPT) rose 57.27 percent to $6.92 in pre-market trading after the company agreed to be acquired by Arbor Pharma for $7.03 per share in cash.

Resource America Inc (NASDAQ: REXI) shares rose 47.83 percent to $9.55 in pre-market trading as the company agreed to be acquired by C-III Capital Partners for $9.78 per share in cash.

Nanosphere, Inc. (NASDAQ: NSPH) rose 27.48 percent to $1.67 in pre-market trading as Luminex Corporation (NASDAQ: LMNX) raised its acquisition price for Nanosphere from $1.35 per share to $1.70 per share. The total transaction is now valued about $77 million compared to $58 million at $1.35 a share.

ReneSola Ltd. (ADR) (NYSE: SOL) shares rose 9.76 percent to $1.35 in pre-market trading. ReneSola reported Q1 earnings of $0.06 per share on revenue of $260.7 million.

Navidea Biopharmaceuticals Inc (NYSE: NAVB) shares rose 8.80 percent to $0.950 in pre-market trading as the company reported an unsolicited offer to refinance CRG loan.

Monsanto Company (NYSE: MON) shares rose 7.92 percent to $109.55 in pre-market trading. German company Bayer AG (ADR) (OTC: BAYRY) reported that it has made an offer to acquire Monsanto for $62 billion, or $122 per share in cash.

21Vianet Group Inc (NASDAQ: VNET) shares rose 5.88 percent to $15.30 in the pre-market trading session as the company reported a $388 million investment by TUS Holdings.

American Capital Ltd. (NASDAQ: ACAS) shares rose 5.63 percent to $16.50 in the pre-market trading session as Ares Capital Corporation (NASDAQ: ARCC) reported the purchase of American Capital at $3.4 billion in cash and stock.

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Losers

Tribune Publishing Co (NYSE: TPUB) shares 8.64 percent to $13.00 in pre-market trading. Tribune Publishing revealed that its Board has completely evaluated the revised proposal by Gannett Co., Inc's (NYSE: GCI) unsolicited offer to acquire all of Tribune Publishing for $15.00 per share in cash. According to its press statement, the Board rejected the Gannett proposal again as not in the best interests of its shareholders.

Ocean Rig UDW Inc. (NASDAQ: ORIG) shares fell 4.50 percent to $2.12 in pre-market trading after surging 22.65 percent on Friday.

Immunomedics, Inc. (NASDAQ: IMMU) fell 3.38 percent to $4.00 in pre-market trading after dropping 0.72 percent on Friday.

ViaSat, Inc. (NASDAQ: VSAT) shares fell 1.53 percent to $72.87. Drexel Hamilton downgraded Viasat from Hold to Sell.

Posted-In: #PreMarket Gainers LosersNews Movers & Shakers Pre-Market Outlook Markets Movers

 

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