Morning Market Gainers

Array BioPharma, Inc. ARRY shares gained 40.08% to $7.07 after the company announced an agreement to acquire worldwide rights to encorafenib. Viggle Inc. VGGL shares surged 33.77% to $3.05. SFX Entertainment Inc. SFXE entered into a sales agreement with Viggle. Nevro Corp. NVRO rose 20.29% to $45.42. Nevro has received approvable letter from the FDA for Senza spinal cord stimulation system. Infinera Corporation INFN shares climbed 18.54% to $17.07 after the company reported better-than-expected fourth-quarter earnings. Vitae Pharmaceuticals, Inc. VTAE shares jumped 15.85% to $13.89 after the company priced 3 million shares at $11.90 per share. Neogenomics Inc. NEO shares rose 14.53% to $4.10 after the company raised its Q4 guidance. E*TRADE Financial Corporation ETFC shares gained 9.09% to $24.71. E*Trade reported Q4 adjusted earnings of $0.26 per share on revenue of $461 million. Credit Suisse upgraded E*Trade Financial from Neutral to Outperform and raised the price target from $24.00 to $28.00. Starbucks CorporationSBUX shares surged 5.47% to $87.27 after the company reported in-line earnings for the fiscal first quarter. Starbucks also named Kevin Johnson as President and COO. Lululemon Athletica Inc. LULU gained 3.09% to $65.73. Analysts at JP Morgan upgraded Lululemon Athletica from Neutral to Overweight and raised the price target from $50 to $75. Maxim Integrated Products, Inc. MXIM rose 2.69% to $33.90 after the company reported stronger-than-expected second-quarter earnings.
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