Pursuits
Achillion, BioLineRx, J&J Snack, Rubicon: U.S. Equity Movers
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Shares of the following companies had unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 4 p.m. in New York.
Achillion Pharmaceuticals Inc. (ACHN US) rose 17 percent to $10.75, the second biggest increase in the Russell 2000 Index. The drug developer is a likely takeover target and the stock’s retreat since Jan. 13 offers “an attractive entry point” for investors, Piper Jaffray Cos. said in a note.