Thursday's biggest gaining and declining stocks

Image via CrunchBase

 Here are some of Thursday’s biggest gaining and declining stocks:
Gainers

Flagstone Reinsurance (US:FSR) rose 22% after the company agreed to be acquired by Validus Holdings (US:VR) for $2 a share in cash, plus 0.1935 Validus share, for each of its shares. The deal values Flagstone at a 19.4% premium, the companies said.

Geron (US:GERN) shares rose 9%. Stifel Nicolaus analysts started the biotech company with a buy rating on Thursday morning.

Pandora (US:P) shares rose 14% on Thursday. Late Wednesday, reported that it broke even on an adjusted per-share basis for the second quarter ended July 31, as revenue jumped to $89.4 million from the prior year’s $58.3 million. The Oakland, Calif., Internet radio-service provider issued a better-than-expected revenue forecast for the third quarter. ... Continue to read.

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