Patriot National Inc PN shares rose 30.06 percent to $9.00 in pre-market trading as Ebix Inc EBIX offered to buy Patriot National for $9.50 per share.
Aegerion Pharmaceuticals, Inc. AEGR shares rose 20.30 percent to $1.60 in pre-market trading following merger announcement with QLT.
QLT Inc. (USA) QLTI rose 18.18 percent to $1.69 in pre-market trading following merger announcement with Aegerion Pharmaceuticals.
Carbylan Therapeutics Inc CBYL rose 29.82 percent to $1.48 in pre-market trading following announcement of share purchase agreement. KalVista will become wholly-owned subsidary of Carbylan.
EXACT Sciences Corporation EXAS rose 17.25 percent to $11.01 in pre-market trading after surging 33.38 percent on Tuesday. BTIG maintained a Buy rating for the company, with a $9 price target. Canaccord raised price target for EXACT Sciences to $12.
Achaogen Inc AKAO shares rose 8.27 percent to $4.45 in pre-market trading after gaining 8.44 percent on Tuesday.
Rex Energy Corporation REXX shares rose 5.96 percent to $0.850 in pre-market trading as the company announced plans to sell Illinois Basin assets to Campbell Development for roughly $40 million – with the potential for up to an extra $10 million over the next three years, depending on commodity prices.
Juno Therapeutics Inc JUNO rose 4.58 percent to $42.94 in pre-market trading after declining 0.51 percent on Tuesday.
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Lakeland Industries, Inc. LAKE shares fell 8.14 percent to $7.90 in pre-market trading. Lakeland Industries reported Q1 earnings of $0.00 per share on revenue of $20.369 million.
Infinity Pharmaceuticals Inc. INFI shares fell 4.41 percent to $1.30 in pre-market trading after tumbling 69.16 percent on Tuesday. Morgan Stanley downgraded Infinity Pharmaceuticals from Overweight to Equal-weight and lowered the price target from $11.00 to $1.00. Jefferies also downgraded the stock from Buy to Hold.
YY Inc (ADR) YY shares fell 2.94 percent to $37.02 in pre-market trading as the company reported a receipt of withdrawal of buyer's go private proposal. The company also reported a buyback of $200 million over the next year.
Whole Foods Market, Inc. WFM shares fell 2.46 percent to $31.72 after dropping 2.90 percent on Tuesday.
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