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Facebook, Inc. (NASDAQ: FB) stock was trading lower by 0.8 percent early Wednesday morning but gained 4.5 percent on Tuesday. Facebook CEO Mark Zuckerberg fielded questions from a handful of U.S. Senators on Tuesday and will testify before Congress on Wednesday.

Analog Corporation (NASDAQ: ALOG) stock lost 13 percent after the healthcare and security solutions company agreed to sell itself to an affiliate of Altaris Capital Partners. As part of the deal, Analog agreed to sell itself for $84 per share, which represents a discount from Tuesday's closing price of $96.05.

Inovio Pharmaceuticals Inc (NASDAQ: INO) gained nearly 5 percent after the company was awarded up to $56 million from the Coalition for Epidemic Preparedness Innovations. The proceeds will be used to support its pre-clinical and clinical advancement through phase 2 of INO-4500, a Lassa fever vaccine.

Bed Bath & Beyond Inc. (NASDAQ: BBBY) was trading lower by 0.7 percent. The retailer is scheduled to report its fourth quarter results after Wednesday's close and is modeled by Wall Street analysts to earn $1.40 per share on revenue of $3.69 billion.

Top Ships Inc (NASDAQ: TOPS) gained nearly 5 percent. The tanker vessel company said it has regained compliance with the NASDAQ stock exchange's minimum bid price requirement.

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