Morning Market Movers (ICGN, BEZ, OPHCD, CAFI)

Icagen Inc ICGN shares advanced 45.90% to $1.78 at 10:05 am. ICGN selected a compound for development in Nav1.7 program. Baldor Electric Company BEZ jumped 40.17% to $63.23. ABB Ltd ABB has announced its plans to purchase BEZ for $3.1 billion, or $63.50 per share, representing a 41% premium to closing price of BEZ on Monday. OptimumBank Holdings Inc OPHCD climbed 30.73% to $6.39. OPHCD's trailing-twelve-month operating margin is 159.88%. Camco Financial Corporation CAFI shares surged 13.60% to $1.42. CAFI's earnings are likely to surge by 27.27% this year. Read more from Benzinga's Markets.