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Market Overview

Benzinga’s Top Pre- Market Gainers (SOLF, ACHN, FGXI, GIGM, ARRY, SCHW)

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Solarfun Power Holdings Co., Ltd. (ADR) (NASDAQ: SOLF)(FREE stock trend analysis) has jumped 2.17% to $7.53 in the pre-market session. The 52-week trading range for SOLF is $2.27 - $8.95. Yesterday, SOLF closed at $7.37. So far in the current year, SOLF gained over 45%.

Achillion Pharmaceuticals, Inc. (NASDAQ: ACHN)(FREE stock trend analysis) has moved up 76% to $3.76 in the pre-market session. Yesterday, Achillion Pharmaceuticals announced positive preliminary results of its phase 1b clinical trial of ACH-1625, to treat Hepatitis C. The 52-week trading range for ACHN is $0.65 - $2.42. Yesterday, Achillion Pharmaceuticals closed at $2.15.

FGX International Holdings Limited (NASDAQ: FGXI)(FREE stock trend analysis) has surged 8.32% to $19.40 after FGX International Holdings announced that it has signed an agreement to merge with a subsidiary of Essilor International for $19.75 per share. FGXI made a new high yesterday at $18.49. Yesterday, FGXI closed at $17.91.

GigaMedia Limited (NASDAQ: GIGM)(FREE stock trend analysis) has climbed up 7.65% to $4.08 in the pre-market session. Today, GigaMedia Limited announced that it has entered into a strategic alliance with Mangas Gaming by way of a sale of 60% of GigaMedia's online gambling software business to Mangas. The 52-week trading range for GIGM is $3.49 - $7.73. So far in 2009, GigaMedia declined over 30%.

Array BioPharma Inc. (NASDAQ: ARRY)(FREE stock trend analysis) has increased 3.60% to $2.88 in the pre-market session. The 52-week trading range for ARRY is $1.68 - $4.68. So far in 2009, ARRY declined by over 30%. Yesterday, Array BioPharma Inc. closed at $2.78.

The Charles Schwab Corporation (NASDAQ: SCHW)(FREE stock trend analysis) has moved up 2.13% to $17.72 after Deutsche Bank upgraded SCHW from hold to buy and raised its price target from $18 to $25. The Charles Schwab Corporation closed at $17.35 in the last trading session. The 52 week trading range for SCHW is $11.00 - $19.87.

 

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Posted-In: Pre-Market Outlook Movers