Morning Market Movers (COOL, LNG, CRDN, CHSI)

Majesco Entertainment Company COOL shares surged 35.54% to $2.25 at 9:45 am. COOL reported strong Q1 earnings and lifted projections for the full year.

Cheniere Energy Inc LNG surged 23.84% to $7.74. LNG shares have jumped 87.69% over the past 52 weeks, while the S&P 500 index has gained 15.90% in the same period.

Ceradyne Inc CRDN shares advanced 14.67% to $44.55. CRDN raised 2011 projections.

Catalyst Health Solutions Inc CHSI climbed 12.13% to $49.93. Walgreen Co WAG announced its plans to sell the pharmacy benefits management business to CHSI for $525 million in cash.

Read more from Benzinga's Markets.