Pre-Open Movers 6/5: (OPXT) (WPRT) (GNOM) Higher; (LLNW) (AKAM) (LVLT) Lower (more...)
- Jazz Pharma (JAZZ) Confirms Agreement to Acquire Celator Pharma (CPXX) for $30.25/Share, or ~$1.5B
- Top 10 News for 5/23 - 5/27: Computer Sciences to Acquire Key Enterprise Asset; Bayer Makes Run at Monsanto; Twitter has 'Character' Change
- Wall Street puts finishing touch on best week since March
- Intercept Pharma (ICPT) Granted Accelerated FDA Approval of Ocaliva in PBC
- Baird Upgrades Micron Technology (MU) to Outperform
Below are stocks making major moves in pre-open trading Tuesday:
- Opnext (Nasdaq: OPXT) 16% HIGHER; turns down $1.40/share offer
- Westport (Nasdaq: WPRT) 10% HIGHER; Enters Nat Gas Technology Development deal with Caterpillar (NYSE: CAT)
- Complete Genomics (Nasdaq: GNOM) 10% HIGHER; Evaluating Strategic Alternatives; Will Cut 55 Positions
- Fusion-io, Inc. (NYSE: FIO) 4% HIGHER; upgraded
- Array BioPharma Inc. (Nasdaq: ARRY) 4% HIGHER; MEK162 Shows Promising Clinical Activity in Ongoing Phase 2 Trial
- Amylin Pharmaceuticals, Inc. (Nasdaq: AMLN) 3% HIGHER; takeover speculation
- Shuffle Master, Inc. (NASDAQ: SHFL) 1% HIGHER; Q2 results
- Limelight Networks, Inc. (Nasdaq: LLNW) 9% LOWER; Netflix announces its own CDN
- Akamai Technologies, Inc. (Nasdaq: AKAM) 5% LOWER; Netflix announces its own CDN
- Level 3 Communications Inc. (Nasdaq: LVLT) 4% LOWER; Netflix announces its own CDN
- Dollar General (NYSE: DG) 4% LOWER; Q2 results, guidance; 25M share stock offering
- Starbucks (Nasdaq: SBUX) 3% LOWER; to acquire Bay Bread and La Boulange brand for $100M
- Panera Bread (Nasdaq: PNRA) 2% LOWER; Starbucks acquiring the La Boulange bakery brand.
- Brocade Communications (Nasdaq: BRCD) 2% LOWER; downgrade
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