Morning Market Movers

Dynamics Research DRCO jumped 58.07% to $11.46 as the company agreed to be acquired by Engility Holdings EGL for $11.50 per share in cash. Xyratex XRTX shares jumped 26.77% to $13.25 after Seagate Technology Plc STX announced its plans to buy the company for around $374 million in cash. Can-Fite BioPharma CANF rose 24.04% to $9.08 after the company reported top-line results of Phase IIb study with CF101 as a Monotherapy for Rheumatoid Arthritis. United Therapeutics UTHR moved up 23.90% to $108.83 as the company announced the FDA approval of OrenitramExtended-Release Tablets for the treatment of pulmonary arterial hypertension. JP Morgan upgraded the stock from Underweight to Neutral and raised the target price from $62 to $90.