Morning Market Movers

Receptos RCPT shares climbed 39% to $94.16 after the company announced positive Phase 2 results for TOUCHSTONE Trial of RPC1063 in Ulcerative Colitis. Ascent Solar Technologies ASTI shares gained 25.71% to $2.22 after the company announced the attainment of a key milestone for its China Joint Venture. VASCO Data Security International VDSI shares surged 21.92% to $22.30 after the company posted a profit in the third quarter. Tornier NV TRNX shares rose 17.09% to $28.16 after the company reported Q2 revenue of $76.70 million and raised its 2014 sales forecast. Integrated Device Technology IDTI shares jumped 15.38% to $16.20 after the company reported better-than-expected quarterly earnings. The Medicines Company MDCO shares rose 12.96% to $25.07 after the company announced a favorable judgment in Angiomax patent litigation. Regal Entertainment Group RGC shares surged 10.73% to $22.71 after the company reported that it will explore strategic options including a potential sale of the company. The company also declared a quarterly and special cash dividend. The Madison Square Garden Company MSG shares surged 9.76% to $72.20 on potential spinoff and share buyback. ISI Group upgraded The Madison Square Garden from Hold to Buy and raised the price target from $66.00 to $74.00. AutoNation AN climbed 5.65% to $54.93 after the company reported better-than-expected third-quarter results. The company also increased its share repurchase authorization by $250 million.
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