Afternoon Market Gainers

Cooper Tire & Rubber Co. CTB skyrocketed 40.55 percent to $34.51 after India's Apollo Tyres announced its plans to acquire the company for $2.5 billion. GIGAMON GIMO traded up 35 percent to $25.65 after the company announced today the pricing of its initial public offering of 6,750,000 shares of its common stock at a price to the public of $19.00 per share. SGOCO Group SGOC jumped 26.09 percent to $2.90 on Q1 revenue result. Ulta Salon, Cosmetics & Fragrance ULTA popped 17.06 percent to $98.64 on upbeat quarterly earnings report. Spectra Energy Corp. SE shot up 9.99 percent to $33.35 after Morgan Stanley and Deutsche Bank upgraded the company to Buy rating. Health Management Associates HMA surged 8.68 percent to $15.14 after a morning of high-volume trading. The Florida based hospital operators agreed to lease the Munroe Regional Medical Center in association with the University of Florida Health Shands Hospital. UQM Technologies UQM jumped 9.02 percent to $1.45 after the company signed a new long-term supply agreement with Electric Vehicles International. National Bank of Greece SA NBG popped 7.31 percent to $5.50 on news that Greece had deposit in flows in May and June. Albany Molecular Research AMRI surged 8.11 percent to $11.73 on positive valuations from Sterne Agee. Questcor Pharmaceuticals QCOR jumped 8.25 percent to $45.59 after the company acquired rights to develop Synacthen®. Cytokinetics, Incorporated CYTK popped 7.08 percent to $1.36 on news that the company will receive $25 million plus potential milestone payments and royalties.