Mid-Day Market Movers (BSDM, CRDC, PTEC, PATK)

BSD Medical Corporation BSDM jumped 106.19% to $2.33 at 10:19 am. BSDM has received clearance from the US Food and Drug Administration (FDA) for marketing its soft tissue ablation device. Cardica Inc CRDC climbed 39.76% to $2.32. CRDC has signed a licensing deal with Intuitive Surgical Inc ISRG. Phoenix Technologies Ltd PTEC shares surged 24.83% to $3.77. PTEC has agreed to be acquired by Marlin Equity Partners for $139 million or $3.85 per share, representing a 27% premium over PTEC's closing price on Tuesday. Patrick Industries Inc PATK shares advanced 22.12% to $2.54. PATK has entered into a definitive agreement for acquiring certain assets of Blazon International Group. Read more from Benzinga's Company news.
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