11.11.2013 14:51:01

Pre-market Movers For Nov 11 (VPHM, SHPG, GOGO, ZLCS)

(RTTNews) - Gainers:

ViroPharma Inc. (VPHM) is rising 25 percent to $49.42 as it agreed to be acquired by Shire plc (SHPG, SHP.L) for $50 per share in cash, valuing the deal at about $4.2 billion. SHPG is up 3 percent to $138.80.

Gogo Inc. (GOGO) is jumping 15 percent to $21.56. The company's third quarter results topped Wall Street view. The company also raised its full-year revenue guidance.

Trading halt:

Trading in shares of Zalicus Inc. (ZLCS) was halted. The company Z160 did not meet the primary endpoint in either of the Phase 2 clinical studies in patients with lumbosacral radiculopathy (LSR) and post-herpetic neuralgia (PHN). Based on these results, Zalicus is discontinuing the Z160 program and plans to focus efforts on Z944.

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Gogo Inc 7,35 -1,34% Gogo Inc