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Market Overview

10 Stocks Moving In Monday's Pre-Market Session

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Gainers

Eleven Biotherapeutics Inc (NASDAQ: EBIO) shares rose 85.03 percent to $3.46 in pre-market trading as the company reported that that it has submitted an Investigational New Drug application to the FDA to initiate a Phase 1 clinical trial of EBI-031 for ocular diseases. The company also announced the signing of exclusive license agreement.

Catalyst Pharmaceuticals Inc (NASDAQ: CPRX) rose 29.01 percent to $0.800 in pre-market trading after the company reported an agreement with the FDA on confirmatory Phase 3 study protocol for Firdapse in Lambert-Eaton myasthenic syndrome.

Agios Pharmaceuticals Inc (NASDAQ: AGIO) shares rose 9.07 percent to $54.91 in pre-market trading after the company reported that AG-348 achieved proof-of-concept in ongoing Phase 2 DRIVE-PK study and demonstrates rapid and sustained hemoglobin increases in adults with pyruvate kinase deficiency. Canaccord Genuity upgraded Agios Pharmaceuticals from Hold to Buy.

Smith & Wesson Holding Corp (NASDAQ: SWHC) rose 6.87 percent to $22.88 in pre-market trading following Orlando shootings on Sunday. Gun stocks, including Smith & Wesson, were trading higher as the shooting could result in a surge of gun sales to individuals looking to protect themselves.

Cytori Therapeutics Inc (NASDAQ: CYTX) rose 4.85 percent to $2.38 in pre-market trading. Cytori reported the expiration of rights offering and expects $17.1 million gross proceeds from it.

Sturm, Ruger & Company (NYSE: RGR) shares rose 4.22 percent to $59.80 in pre-market trading following Orlando shootings on Sunday.

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Losers

BioScrip Inc (NASDAQ: BIOS) shares fell 12.01 percent to $2.49 in pre-market trading. BioScrip said it struck a deal to acquire HS Infusion Holdings Inc. in a synergistic, transformational and accretive transactions with considerable gains for all stake holders. The company also announces proposed stock offering for HS Infusion acquisition.

Baidu Inc (ADR) (NASDAQ: BIDU) shares fell 2.61 percent to $160 in pre-market trading. Citi downgraded Baidu from Buy to Neutral.

Vodafone Group Plc (ADR) (NASDAQ: VOD) shares fell 2.21 percent to $30.48 in pre-market trading. Macquarie downgraded Vodafone from Outperform to Neutral.

Marathon Oil Corporation (NYSE: MRO) shares fell 3.06 percent to $13.01 in pre-market trading after dropping 5.82 percent on Friday.

 

Related Articles (CPRX + EBIO)

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