Sequential Brands (SQBG) and Martha Stewart Living Omnimedia (MSO) rocketed higher by late afternoon Thursday. The two got a shot in the arm on reports Sequential Brands was nearing an agreement to purchase Martha Stewart for an undisclosed amount. It was a rally on Wall Street as the Nasdaq closed at a an all-time high and the Dow and S&P 500 gained 1% each. Motorbike company Harley-Davidson (HOG) was the best performer on the S&P 500 after analysts at UBS upgraded the stock to BUY thanks to a recent expansion of its share repurchase program. Radius Health (RDUS) shot higher after the biotech announced the successful trial of its osteoporosis treatment.
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