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AutoNavi Holdings Ltd. (NASDAQ: AMAP) shares soared 24.37 percent to close at $20.57 a share Monday. The stock traded between $20.41 and $21.20 on volume of 12.70 million shares traded. The company announced that it has received a “going private” proposal from Alibaba Group Holding Limited for US$21 in cash per American depositary share. Shares of AutoNavi are up approximately 45.0 percent year-to-date.
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Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) shares spiked 7.17 percent to close at $6.43 a share Monday. The stock traded between $6.10 and $6.48 on volume 6.35 million shares traded. The company announced that over 50 percent of insured Americans now have coverage for BELVIQ, thanks to a recent deal with CVS Caremark. Shares of Arena Pharmaceuticals are up approximately 10.0 percent year-to-date.
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Boardwalk Pipeline Partners, LP (NYSE: BWP) shares tumbled 45.99 percent to close at $13.01 a share Monday. The stock traded between $12.79 and $15.81 on volume of 43.14 million shares traded. The company reported a net income of $19.5 million for the fourth quarter of 2013, a decrease of 78.0 percent when compared to a year ago. Shares of Boardwalk Pipeline Partners are down approximately 50.0 percent year-to-date.
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Sohu.com Inc. (NASDAQ: SOHU) shares gained 0.04 percent to close at $72.55 a share Monday. The stock traded between $65.19 and $73.13 on volume 3.05 million shares traded. The company reported a GAAP net income of $2.0 million for the fourth quarter of 2013, a decrease of 91.0 percent when compared to a year ago. Shares of Sohu.com are down approximately 2.0 percent year-to-date.
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