Benzinga’s Top Pre-Market NASDAQ Gainers (CRDC, PTEC, JAZZ, JDSU)

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Cardica Inc
CRDC
rose 42.77% to $2.37 in the pre-market session. CRDC has signed a licensing deal with Intuitive Surgical Inc
ISRG
worth $12 million upfront. Phoenix Technologies Ltd
PTEC
added 24.17% to $3.75 in pre-market trading. 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. Jazz Pharmaceuticals Inc
JAZZ
moved up 7.32% to $11 in pre-market trading. JAZZ’s PEG ratio is 0.60. JDS Uniphase Corporation
JDSU
gained 2.67% to $10.59 in the pre-market session. Analysts at Auriga downgraded JDSU from “buy” to “hold.” Read more
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Posted In: Long IdeasNewsDowngradesTechnicalsM&APre-Market OutlookIntraday UpdateMarketsAnalyst RatingsMoversTrading IdeasCommunications EquipmentHealth CareHealth Care EquipmentInformation TechnologyPharmaceuticalsSystems SoftwareTop Pre-Market NASDAQ Gainers
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