Wednesday Pre-Market Insights: GEVA, BRDR, MGI, NDLS, ZU

May 06, 2015

Synageva Biopharma Corp (GEVA, Financial) increased more than 130% to $221.25 in pre-market trading following news that the pharmaceutical company will be acquired by Alexion Pharmaceuticals, Inc. (ALXN).

Borderfree Inc (BRDR, Financial) increased 105% to $13.94 per share after the ecommerce solutions company announced it will be acquired by Pitney Bowes Inc. (PBI).

Moneygram International Inc (MGI, Financial) rose 31% to $10.22 per share in pre-market activity following an announcement that The Western Union Company (WU) is in talks to buy the smaller money transfer company.

Noodles & Co (NDLS, Financial) decreased 22.74% to $16 per share after the dining establishment missed earnings.

Zulily Inc (ZU, Financial) shares fell nearly 20% in pre-market trading to $9.49 after the online retailer cut its revenue forecast for second quarter revenue.

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