Mittwoch, 2. Dezember 2009

Early-Market Movers: SWS Corp, Hot Topic

Stock futures were mixed but mostly flat as the Street digests the ADP jobs report that showed a slightly larger than expected loss of 169,000 jobs.

Here are some of the early-market movers for Wednesday.

Santarus Inc. (SNTS)

Shares of the pharmaceutical company jumped 30% in pre-market trading after announcing it received marketing approval from FDA for an over-the-counter version of Schering-Plough Corp's heartburn drug Zegerid.

Dyax Corp. (DYAX)

Shares were up 27.4% in pre-market trading after the company announced the FDA has approved its drug to treat hereditary Angioedema, a rare swelling disorder.

Novavax, Inc. (NVAX)

The company reported favorable initial results from a study evaluating the safety and immunogenicity of its influenza vaccine. Shares were up 7.5% in pre-market trading.

SWS Corp. (SWS)

The financial services holding company announced after the bell Tuesday it would sell 4.1 million shares in a public offering. Dilutive pressure had shares down 10.4% in pre-market trading on Wednesday.

Regency Energy Partners (RGNC)

The company announced it would offer up to 10 million common units after the bell Tuesday. Shares were down 5.3% in pre-market trading Wednesday.

Hot Topic Inc. (HOTT)

Shares of the retailer were down 3.2% in pre-market trading after reporting a 11.7% drop in same- store sales in November.

Early-Market Movers:Vivus, ExelixisDollar General shares up in the first day of trading