NuPathe Inc (NASDAQ:PATH) jumped 41.52 percent to $3.25 in the current trading session following the news that Endo Health Solutions is acquiring NuPathe in a deal valued at roughly $105 million. NuPathe shareholders will receive $2.85 for each share that indicates a premium of 24 percent from the stock’s closing price on Friday. PATH has a market capitalization of $101.82 million.
Solta Medical Inc (NASDAQ:SLTM) jumped nearly 40 percent in the mid-day trading session today after Valeant Pharmaceuticals said that it has decided to buy Solta Medical in a transaction valued at nearly $250 million. Solta shareholders will get $2.92 for each share that represents a hefty premium of 40 percent from the closing price of the stock in the previous trading session. Solta Medical has a market capitalization of $234.96 million.
Avago Technologies Ltd (NASDAQ:AVGO) rose 8.65 percent to $49.60 today on traded volume of 4.88 million shares. The 52-week range of the stock is $30.50 to $50.55. Avago Technologies is engaged in the designing, development and supplying a range of analog semiconductor devices. The company has a market capitalization of $12.29 billion and P/E ratio of 23.11.
DARA Biosciences Inc (NASDAQ:DARA) advanced 11.74 percent to $0.559 today on traded volume of 2.46 million shares. The 52-week range of the stock is $0.45 to $1.20. DARA shares have been moving up from the last few days. The stock increased more than 15 percent in the past five days. The company has a market capitalization of $17.19 million.