Market Overview

Morning Market Movers

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Vitacost.com (NASDAQ: VITC) rose 27.26% to $7.99 after the company agreed to be acquired by The Kroger Co (NYSE: KR) for $8.00 per share cash.

Shutterfly (NASDAQ: SFLY) jumped 15.01% to $50.04 on rumors the company may seek a buyer for itself.

Zogenix (NASDAQ: ZGNX) shares gained 11.61% to $2.22 after the company provided an update on the development of abuse deterrent formulations Of Zohydro ER.

The Greenbrier Companies (NYSE: GBX) climbed 10.40% to $63.71 after the company reported upbeat third-quarter earnings and lifted its full-year outlook.

Rackspace Hosting (NYSE: RAX) shares surged 7.23% to $36.19 after TechCrunch reported that Rackspace may be considering taking the company private, according to multiple sources.

DragonWave (NASDAQ: DRWI) gained 7.08% to $2.12 after dropping 5.71% on Tuesday.

Constellation Brands (NYSE: STZ) rose 6.52% to $94.14 after the company reported upbeat results for its fiscal first quarter and lifted its FY15 forecast outlook.

SolarCity (NASDAQ: SCTY) climbed 6.09% to $75.56. Canaccord Genuity initiated coverage on SolarCity with a Buy rating and a $94.00 price target.

Canadian Solar (NASDAQ: CSIQ) gained 3.78% to $31.88 after Canaccord started coverage of the company with a Buy rating and $43 price target.

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