MARKET PULSE-MannKind, Rubicon, Liquidity Services, Acceleron, gold stocks
(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/nex49s) U.S. stocks made modest gains on Wednesday and the S&P 500 held near its record high of the prior session after data suggested the economy is recovering from a winter-driven slowdown. Dow Jones industrial average futures were up 0.24 percent at 16,489, S&P 500 futures were up 0.25 percent at 1,882.5 and Nasdaq 100 futures were up 0.13 percent at 3,655.
** MANNKIND CORP, $7.1601, +78.11 pct
U.S. health advisers on Tuesday recommended approval of the company's inhaled diabetes drug, and said the experimental treatment could help some patients, especially those wary of needles typically used with traditional insulin therapy.
** RUBICON PROJECT INC, $19.9, +32.67 pct
Shares of the provider of online advertising services rose as much as 32 percent in their market debut, valuing the company at about $670 million.
** LIQUIDITY SERVICES HOLDINGS, $19.995, -10.54 pct
The scrap goods auctioneer said it is the apparent high bidder for a contract with the U.S. Defense Logistics Agency (DLA) to purchase, manage and sell non-rolling stock surplus assets of the U.S. Department of Defense. The company's high bid was equal to 4.35 percent of the DoD's original acquisition value. Continued...