Today's Morning Top Gainers (SNEN, MRNA, BBW, AMD, BX)
Sinoenergy Corporation (NASDAQ: SNEN) is today’s top percentage gainer in morning trade and surged 41.41% today to $1.81 on an unusual huge volume of 1.53 million shares as it has entered into an agreement with Skywide Capital Management Limited, pursuant to which the Company will be merged with and into Skywide. Upon the effectiveness of the merger, each issued and outstanding share of the Company's common stock, other than shares owned by Skywide, will automatically be converted into the right to receive $1.90 per share.
MDRNA, Inc. (NASDAQ: MRNA) climbed 33.06% to $1.65 on huge volume of 5.05 million shares after it has presented new in vivo data demonstrating continued progress in the advancement of its oncology program. MDRNA's UsiRNAs, delivered by its DiLA2 platform, down regulated a previously non-druggable target with subsequent reductions in tumor growth in models of liver and bladder cancer via both systemic and local delivery.
Build-A-Bear Workshop, Inc (NYSE: BBW) also moving sharply by 15.71% to $5.67 on over 223K shares – 2X its average volume after BMO Captial upgraded BBW to Outperform from Market Perform and also raised their price target raises by $1 to $6.
Advanced Micro Devices, Inc. (NYSE: AMD) soared 6.76% now trades at $6.28 on high volume of 16.43 million shares after UBS raised its rating on the stock to "buy" from "neutral.
The Blackstone Group L.P. (NYSE: BX) today moved up 6.34% to $15.79 with 4.05 million shares changed hands on reports that the company is planning to sell a number of its portfolio companies, including TeamHealth, which provides outsourcing services for the health-care industry, and Merlin Entertainments Group, of Europe, which owns Legoland and Sea Life.
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Posted-In: Intraday Update Markets Movers