Morning Market Movers (GENE, ACAD, PSTI, PLA)

Genetic Technologies Ltd GENE jumped 76.35% to $2.61 at 10:05 am. GENE had $3.29 million in total cash and $381.05 thousand in total debt for the latest quarter. ACADIA Pharmaceuticals Inc ACAD climbed 39.13% to $1.60. ACAD entered into a securities purchase agreement for $15 million private placement financing. Pluristem Therapeutics Inc PSTI shares surged 22.58% to $2.28. Pluristem Therapeutics' shares have been included on four TASE equity indexes. Playboy Enterprises Inc PLA shares advanced 17.12% to $6.09. PLA has agreed to Hugh Hefner's buyout offer of $6.15 per share, representing an 18% premium over Friday's closing price. Read more from Benzinga's Markets.