CentraCore Properties Trust
( CPV) rose on word
would buy the correctional real estate investment trust. Under the terms of a definitive agreement, shareholders of CentraCore will receive $32 in cash for each of their shares for a total value of roughly $356.1 million. Shares of CentraCore were up 11.9% to $31.75.
surged 25% following news that a judge wants to rule on its patent-infringement case against
within a month. Star was up 61 cents to $3.07.
advanced after it received clearance from the Food and Drug Administration to market Fusion, a system for monitoring blood pressure and vital signs. Medwave was up 23% to $1.70.
New York Mortgage Trust
was falling after being downgraded by Friedman Billings Ramsey to market-perform from outperform. The stock was lower by 6.2% to $3.66.