Courtesy of Benzinga.
Xoom Corp (NASDAQ: XOOM) shares climbed 23.04 percent to $25.47 in pre-market trading after the company agreed to be acquired by Paypal for $890 million, or $25 per share.
Applied Genetic Technologies Corp (NASDAQ: AGTC) gained 17.47 percent to $19.10 in pre-market trading. Biogen Inc (NASDAQ: BIIB) and AGTC announced entering into a collaboration related to the development of gene therapies in ophthalmology.
Progress Software Corporation (NASDAQ: PRGS) shares rose 8.13 percent to $30.44 in pre-market trading after the company reported better-than-expected earnings for its fiscal second quarter and lifted its FY15 outlook. The company appointed Jerry Rulli as COO.
ConforMIS Inc (NASDAQ: CFMS) shares rose 6.49 percent to $20.50 in pre-market trading after gaining 28.33 percent on Wednesday.
Tesla Motors Inc (NASDAQ: TSLA) shares climbed 4.77 percent to $281.99 in pre-market trading on strong Model S delivery numbers. Tesla reported delivery of 11,507 vehicles in the second quarter. Bank of America maintained Tesla with a Underperform and raised the price target from $65.00 to $180.00.
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