The markets sustained its rally to close sharply higher with the Dow rocketing 410 points to 24,601. Nasdaq leaped 107 points to 6981.
On the upside
Amber Road (NYSE: AMBR) rejected an unsolicited acquisition offer from E2open and Insight Venture Partners.
Ceragon Networks (Nasdaq: CRNT) reported higher revenue for the fourth quarter.
Enphase Energy (Nasdaq: ENPH) entered a strategic partnership with Panasonic to jointly develop high efficiency AC Modules.
On the downside
Shares of HRG Group (NYSE: HRG) fell for the fourth day.
Investors locked in profits on Overstock.com (Nasdaq: OSTK).
The Food and Drug Administration posted briefing materials for the Anesthetic and Analgesic Drug Products Advisory Committee meeting to review Pacira Pharmaceuticals' (Nasdaq: PCRX) New Drug Application to expand the current label for Exparel.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 surged 36 points to 2,656. Bitcoin jumped $512 to $8,819.