Morning Market Movers
NephroGenex Inc (NASDAQ: NRX) shares climbed 192.90% to $13.62 after the company reported positive results for QT study of Pyridorin.
State Investors Bancorp Inc (NASDAQ: SIBC) shares surged 31.71% to $20.23 after First NBC Bank Holding Company (NASDAQ: NBCB) announced its plans to acquire State Investors Bancorp for $21.25 per share in cash.
RedHill Biopharma Ltd. (NASDAQ: RDHL) shares climbed 25.72% to $13.49 after the company reported the acceptance for review of BEKINDA(TM) European marketing application for oncology support.
Lime Energy Co. (NASDAQ: LIME) shares rose 23.95% to $2.99 after the company reported the raising of $10 million from Bison Capital to fund growth.
Meadowbrook Insurance Group, Inc. (NYSE: MIG) shares jumped 18.23% to $8.43 after the company agreed to be acquired by Fosun International Limited (OTC: FOSUF) for $8.65 per share in cash.
Aquinox Pharmaceuticals Inc. (NASDAQ: AQXP) shares gained 6.46% to $7.25 after the company reported that it has initiated dosing in a Phase 2 clinical trial of AQX-1125 for the treatment of atopic dermatitis (AD).
MiMedx Group Inc (NASDAQ: MDXG) shares rose 1.35% to $11.24 after the company issued a response on the recent FDA draft guidance on minimal manipulation of HCT/Ps. The company said its Q4 and FY14 sales 'will exceed upper end of forecast.'
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