Morning Market Movers

Giga-tronics GIGA shares surged 48.98% to $3.65 after the company received $2.4 million order from the US Navy for its Model 8003 Precision Scalar Analyzers. BTU International BTUI climbed 31.16% to $3.62 after the company raised its Q2 revenue forecast to $16 to $17 million. Amira Nature Foods ANFI climbed 29.52% to $16.85 after the company reported better-than-expected fourth-quarter earnings. Novogen NVGN gained 18.60% to $4.40 after the company and CanTx announced the potency of Intra-Peritoneal Trx-1 confirmed against chemo-resistant ovarian cancer stem cells. Forest Oil FST climbed 13.93% to $2.29 after Sabine Oil & Gas said report regarding $850 million bridge financing facility being pulled are incorrect. Agile Therapeutics AGRX shares increased 11.36% to $7.55. RBC Capital initiated coverage on Agile Therapeutics with a Outperform rating. Global Eagle Entertainment ENT shares rose 11.33% to $12.22 after the company and Boeing announced a satellite connectivity partnership. Kingold Jewelry KGJI rose 6.45% to $1.32 after the company announced a special cash dividend of US$0.08 per share. GW Pharmaceuticals plc GWPH rose 6.02% to $81.90 following the release of positive report on Epidiolex. Yingli Green Energy Holding Co YGE shares climbed 2.84% to $3.62 after the company reported a narrower loss in the first quarter.