MARKET PULSE-Zalicus, CollabRx, RadNet, Cirrus, Gogo, Omega Protein

Mon Nov 11, 2013 2:31pm EST
 
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s); for the Morning News Call newsletter, link.reuters.com/tab64v)

U.S. stocks barely budged on Monday in thin trading after investors found little reason to add significant new positions with the Dow and the S&P 500 on a five-week winning streak. The Dow Jones industrial average rose 0.09 percent, the Standard & Poor's 500 Index inched up 0.02 percent, and the Nasdaq Composite Index was unchanged on a percentage basis.

** ZALICUS INC, $1.26, down 73 pct (1:52 p.m. ET)

The company said it would stop developing its most advanced product, an experimental pain drug, after it failed to show a benefit over a placebo in two mid-stage trials.

** GOGO INC, $24.08, up 28 pct (1:52 p.m. ET)

The provider of in-flight Internet raised the high end of its full-year revenue forecast range as more airlines signed up for its service.   Continued...