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Morning Market Movers

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Digital Ally (NASDAQ: DGLY) rose 32.70% to $4.22 after the company reported that it has received VuLink Patent and has begun shipping new product to law enforcement customers.

AmREIT (NYSE: AMRE) gained 14.53% to $21.99 after Regency Centers (NYSE: REG) announced a proposal to acquire AmREIT for $22 per share in cash and/or stock.

Cray (NASDAQ: CRAY) surged 9.22% to $29.73 after the company announced a $174 million contract.

Can-Fite BioPharma (NYSE: CANF) rose 6.63% to $3.73 after the company reported that its drug CF102 has been approved for compassionate use in Israel for liver cancer patient.

DragonWave (NASDAQ: DRWI) shares surged 6.25% to $2.38 after the company reported better-than-expected Q1 results.

Zumiez (NASDAQ: ZUMZ) surged 5.14% to $29.44 as the company boosted its outlook and reported strong results for June. D.A. Davidson & Co analyst Andrew Burns reiterated a Buy rating on Zumiez and raised the price target from $35.00 to $36.00.

United Continental Holdings (NYSE: UAL) rose 3.17% to $41.34 after the company said its consolidated passenger revenue per available seat mile increased more than forecast in the second quarter.

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