Market Overview

Morning Market Movers

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Highpower International (NASDAQ: HPJ) surged 16.36% to $5.64 after the company reported that it started shipping its advanced compact lithium battery product developed for the newly introduced TIMEX® IRONMAN® ONE GPS+.

Amicus Therapeutics (NASDAQ: FOLD) shares climbed 14% to $5.21 after the company reported positive Phase 3 data From Fabry Monotherapy study 012.

Digital Ally (NASDAQ: DGLY) shares gained 10.61% to $7.83 after the company reported that number of inquiries regarding its FirstVU HD Officer-Worn Video System has increased dramatically since the national media began covering the civil unrest in Ferguson, Missouri.

Pernix Therapeutics Holdings (NASDAQ: PTX) rose 10.41% to $7.74 after the company reported that it has closed its acquisition of Treximet. The company also raised $220 million senior notes and issued updated 2014 forecast.

Citi Trends (NASDAQ: CTRN) jumped 9.75% to $23.63 after the company reported a narrower-than-expected loss for the second quarter.

Fairchild Semiconductor International (NASDAQ: FCS) surged 6.54% to $17.03 after gaining 1.85% on Tuesday.

Zhaopin (NYSE: ZPIN) shares rose 6.22% to $14.93 on Q4 results.

American Eagle Outfitters (NYSE: AEO) shares surged 5.52% to $12.23 after the company reported upbeat results for the second quarter.

PetSmart (NASDAQ: PETM) rose 1.41% to $70.68 after it confirmed a report earlier that it will explore a possible sale of the company. The company also reported upbeat earnings for the second quarter.

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