Morning Market Movers (QADB, CDII, VTUS, PRVT)

QAD Inc QADB jumped 20.02% to $11.93 at 10:00 am. QADB's shares have surged 58.79% over the past 52 weeks, while the S&P 500 index has gained 11% in the same period. China Direct Industries Inc CDII climbed 15.89% to $1.75. CDII's subsidiary CDII Trading, signed a contract with a China-based trading company for supplying iron ore from Bolivia. Ventrus Biosciences Inc VTUS shares advanced 12.54% to $7.45. VTUS had $1.07 million in total cash for the recent quarter. Private Media Group Inc PRVT shares surged 10.62% to $1.25. PRVT's shares have dipped 43.78% over the past 52 weeks, while the S&P 500 index has gained 11% in the same period. Read more from Benzinga's Markets.