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

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 from Benzinga's Company news.