Morning Market Movers

Auspex Pharmaceuticals ASPX shares climbed 91.54% to $48.06 following positive SD-809 trial results. Volcano VOLC shares jumped 55.27% to $17.84 after Philips PHG agreed to acquire Volcano for $18.00 per share. Digital River DRIV shares gained 46.20% to $24.65 on extension of Microsoft agreement to March 31st, 2017. Paramount Gold and Silver PZG shares climbed 32.27% to $0.85 after Coeur Mining announced it will acquire Paramount in a transaction valued at $146 million. The Pantry PTRY rose 19.27% to $34.42 on a Wall Street Journal report that the company is close to a deal to be acquired for as much as $1 billion, according to sources. American Apparel APP shares climbed 17.22% to $0.68 after the company fired its controversial founder Dov Charney. The company named Paula Schneider CEO effective January 5, replacing Scott Brubaker, who had served as interim CEO and who will continue as a consultant. Cerus CERS shares rose 12.55% to $5.38 after the company confirmed the FDA approval of INTERCEPT Blood System for plasma. InterCloud Systems ICLD shares surged 9.71% to $3.05 after the company announced that it has received a $2 million contract and announced a new business backlog of over $32 million. TASER International TASR shares climbed 6.61% to $24.36 after the company announced the purchase of 860 AXON body-worn video cameras and a 5-year subscription to EVIDENCE.com by the Los Angeles Police Department.