Morning Market Movers

Related SYMX Mornings Movers for Feb. 27, 2014: PEIX, JCP, SYMX, CIE, SHLD, BBY Higher, INO, NDLS, HK, CY, DYAX Lower Synthesis Energy Systems Announces LOI with Karachi Electric Supply

Synthesis Energy Systems (NASDAQ: SYMX) shares jumped 26.01% to $2.18 on the receipt of a 20-year business license for China Clean Coal Gasification joint venture

Prothena Corporation plc (NASDAQ: PRTA) rose 24.40% to $46.23 after the company reported clinical data to be presented at International Symposium on Amyloidosis. Morgan Stanley raised the price target on the stock from $35.00 to $53.00.

Horizon Pharma (NASDAQ: HZNP) shares gained 24.15% to $18.23 after the company announced its plans to acquire privately held Vidara Therapeutics International for around $660 million.

Pacific Sunwear of California (NASDAQ: PSUN) shares jumped 9% to $3.27 after the retailer reported upbeat Q4 results. The company posted an adjusted loss of $0.17 per share, versus analysts' expectations for a loss of $0.19 per share.

KB Home (NYSE: KBH) shares gained 8.99% to $19.27 after the company swung to a profit in the fiscal first quarter. KB Home posted a quarterly profit of $10.6 million, or $0.12 per share, versus a year-ago loss of $12.5 million, or $0.16 per share.

Exact Sciences (NASDAQ: EXAS) shares jumped 5.96% to $15.28 following the published results of colon cancer screening test.

Compugen (NASDAQ: CGEN) climbed 3.54% to $11.86 after Jefferies initiated coverage on the stock with a Buy rating and a $17.00 price target.

Posted-In: market moversNews Intraday Update Markets Movers

© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  Most Popular A Joint Venture: Two Marijuana Industry Leaders Plan to Produce Pharmaceutical Extractions 3 Reasons To Tap Into Home Equity To Buy Stocks Brin and Page Maintain Close Control of Google with Unconventional Stock Split iPhone 6 Rumors Coming At A Dizzying Pace General Electric Take Steps To Appease Investors Following Exectives Meeting With Activist Nelson Peltz FDIC Sues Big Banks For Rigging Interest Rates Related Articles (CGEN + EXAS) Morning Market Movers EARLIER: Exact Sciences Publish Results of DeeP-C Study in NEJM Benzinga's Top #PreMarket Gainers Mornings Movers for Feb. 28, 2014: CETV, OTVI, MELI, REGI, GALE Moving Higher, ELGX, DECK, MDVN, CGEN, ARNA Lowr Compugen Ltd. Prices 6M Share Public Offering at $10.50 per Share Benzinga's Top #PreMarket Losers Around the Web, We're Loving... Check Out the New iPad 4