Morning Market Movers

Highpower International 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 FOLD shares climbed 14% to $5.21 after the company reported positive Phase 3 data From Fabry Monotherapy study 012. Digital Ally 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 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 CTRN jumped 9.75% to $23.63 after the company reported a narrower-than-expected loss for the second quarter. Fairchild Semiconductor International FCS surged 6.54% to $17.03 after gaining 1.85% on Tuesday. Zhaopin ZPIN shares rose 6.22% to $14.93 on Q4 results. American Eagle Outfitters AEO shares surged 5.52% to $12.23 after the company reported upbeat results for the second quarter. PetSmart 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.