Morning Market Movers (PDEX, FONR, ORBT, CKXE)

Pro-Dex Inc PDEX jumped 57.30% to $3.78 at 9:45 am. PDEX reported a 399% y/y jump in its FQ3 net income. Fonar Corporation FONR shares advanced 42.66% to $3.11. FONR reported its FQ3 net income at $1.2 million, versus a net loss of $8,000, in the year-ago period. Orbit International Corporation ORBT shares surged 26.80% to $4.40. ORBT reported its Q1 net income at $524,000, versus a net loss of $647,000, in the year-ago period. CKX Inc CKXE climbed 23.15% to $5.48. Apollo Global Management announced its plans to buy CKXE for $5.50 per share. Read more from Benzinga's Markets.