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Oclaro Inc (NASDAQ: OCLR) stock surged higher by
25 percent Monday after the optical component provider agreed to sell itself. Lumentum Holdings Inc (NASDAQ: LITE), a provider of optical and photonic products, offered
to buy Oclaro in a deal which values its stock at approximately $9.99 per share, or $1.8 billion in equity value.
CafePress Inc (NASDAQ: PRSS) could see continued
volatility Monday after falling 3.6 percent Friday. The retailer of personalized products including apparel and mugs said Friday it
will be slashing its entire workforce by 7 percent.
ShiftPixy Inc (NASDAQ: PIXY) was trading higher by
nearly 5 percent after gaining 21 percent Friday. The human capital management services provider saw its stock soar as high as $6.35 on
Friday but closed at $4.62. The company announced the development of new financial, insurance transaction, and metering platform
but at the same time also said it "has never, does not now and will never use its blockchain technology in any form of
cryptocurrency or cryptocurrency related application."
Lightbridge Corp (NASDAQ: LTBR) gained more than
12 percent Monday morning. The nuclear fuel technology company said
it has received a divisional patent in Japan related to the manufacturing of its metallic nuclear fuel design.
InnerWorkings, Inc. (NASDAQ: INWK) could see
volatility ahead of its scheduled earnings report after Monday's close. The software applications and database provider is expected
to earn 13 cents per share in its fourth quarter on revenue of $287.67 million.
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