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Market Overview

Benzinga’s Top Pre-Market Gainers (ANDS, LOGI, IMMU, CNXT, APWR, ERIC)

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Anadys Pharmaceuticals, Inc. (NASDAQ: ANDS) rose10.81 % to $2.46 after Anadys Pharmaceuticals, Inc. announced today that ANA598 dosing has been completed in the first dose cohort, 200 mg bid, in an ongoing Phase II study of ANA598 in combination with pegylated interferon and ribavirin in HCV patients. The 52-week trading range for ANDS is $1.44 - $8.43. In the last six months, ANDS has gained over 30%.

Logitech International SA (USA) (NASDAQ: LOGI) jumped 2.72% to $18.10 in the pre-market session. The 52-week trading range for Logitech International is $7.55 - $19.76. LOGI closed at $17.62 in the last trading session. In the last year, LOGI has surged over 33%.

Immunomedics, Inc. (NASDAQ: IMMU) moved up 1.61% to $4.41 in the pre-market session. Immunomedics reported yesterday that initial studies indicate that a new blood test using the company’s proprietary antibody, clivatuzumab, may identify patients with early-stage pancreatic cancer. The 52-week trading range for IMMU is $0.84 - $7.16. Immunomedics closed at $4.34 in the previous trading session. IMMU has gained over 32% in the last six months.

Conexant Systems, Inc. (NASDAQ: CNXT) climbed 15.59% to $3.41 in the pre-market session. Conexant Systems announced yesterday that it expects revenues for the second quarter of 2010 to be in the range of $60 million to $61 million and core operating income to be in between $11.6 million to $12.5 million, with core net income to be in the range of $0.13 to $0.14 per share. CNXT closed at $2.95 in the last trading session. In the last year, CNXT has gained over 193%.

A-Power Energy Generation Systems, Ltd. (NASDAQ: APWR) increased 1.12% to $13.51 in the pre-market session. A-Power Energy Generation announced yesterday that it has closed a private placement for $83 million in cash with several institutional investors. The 52-week trading range for APWR is $3.00 - $21.04. In the previous trading session, APWR closed at $13.36.

Telefonaktiebolaget LM Ericsson (ADR) (NASDAQ: ERIC) moved up 1.64% to $9.92 in the pre-market session after ST-Ericsson, a joint venture of STMicroelectronics (NYSE: STM) and Ericsson (NASDAQ: ERIC) reported financial results for the fourth quarter 2009. ERIC closed at $9.76 in the previous trading session. In the last year, ERIC has surged over 34%. The 52-week trading range for ERIC is $7.38 - $10.92.

 

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Posted-In: Pre-Market Outlook Movers