BUZZ-U.S. Stocks on the Move-Sophiris, Unwired Planet, Twitter, Sorrento, Opko
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks rose at the open on Monday, following the worst week for the benchmark S&P 500 index in more than two years, with investors focused on crude oil prices which earlier hit a fresh 5-1/2-year low.
The Dow Jones industrial average was up 0.52 percent at 17,370.45, the S&P 500 was up 0.71 percent at 2,016.52 and the Nasdaq Composite was up 0.68 percent at 4,685.421.
** SOPHIRIS BIO INC, $0.7401, -73.76 pct
The drug developer said interim data showed that its only pipeline compound did not meet a predetermined threshold for efficacy in treating lower urinary tract symptoms of enlarged prostate.
** UNWIRED PLANET INC, $0.96, -31.43 pct
The intellectual property and technology licensing company said the claim construction order in their pending case against Google Inc "are disappointingly negative and will materially impact our case".