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Market Overview

Benzinga’s Top Pre-Market Gainers (WEDC, BIOF, ATPG, EDAP)

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White Electronic Designs Corporation (NASDAQ: WEDC) rose 27.47% to $6.96 in the pre-market session. Microsemi Corp. (NASDAQ: MSCC) announced that it has entered into a definitive agreement to acquire White Electronic Designs Corporation through a cash tender offer at $7.00 per share for a net transaction value of approximately $100 million. The 52-week trading range for WEDC is $3.93 - $5.75. In the last six months, WEDC has gained over 16%.

BioFuel Energy Corp. (NASDAQ: BIOF) climbed 23.05% to $3.79 in the pre-market session. BioFuel Energy reported today a fourth quarter net income attributable to common shareholders of $6.85 million or $0.21 per share, as compared to a loss of $6.89 million or $0.43 per share in the same period last year. In the previous trading session, BIOF closed at $3.08. BIOF has surged over 710% in the last year.

ATP Oil & Gas Corporation (NASDAQ: ATPG) jumped 6.73% to $20.15 in the pre-market session. ATP Oil & Gas Corporation (NASDAQ: ATPG) announced first oil production from its deepwater Atwater Valley (“AT 63”) #4 well at the Telemark Hub in approximately 4000 feet of water. The 52-week trading range for ATPG is $4.50 - $22.99. ATPG closed at $18.88 in the last trading session.

EDAP TMS S.A. (ADR) (NASDAQ: EDAP) moved up 7.83% to $3.58 in the pre-market session. EDAP TMS SA announced today financial results for the full year and fourth quarter ended December 31, 2009. The 52-week trading range for EDAP is $0.96 - $5.95. EDAP has declined over 18% in the last six months.

 

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Posted-In: Pre-Market Outlook Movers