Morning Market Movers

ZIOPHARM Oncology, Inc. ZIOP shares jumped 54.53% to $8.87 following announcement of licensing agreement with University of Texas MD Anderson Cancer Center. Smith Micro Software Inc. SMSI shares surged 11.11% to $1.40 after the company after the company issued a strong revenue outlook. GameStop Corp.GME shares gained 10.65% to $36.26 after the company reported a 4.4% rise in its December same-store store sales and narrowed its same-store sales outlook. Total comparable store sales slipped 3.1%, comprised of -3.3% in the U.S. and -2.7% internationally. Intrexon Corp XON shares climbed 8.6% to $30.81 after the company announced licensing deal with ZIOPHARM, MD Anderson Cancer Center. Taylor Devices Inc. TAYD shares rose 7.21% to $11.63. On Tuesday, Taylor Devices reported Q2 EPS of $0.15 on revenue of $5.71 million. Bebe Stores, Inc. BEBE surged 4.69% to $3.12 after rising 20.16% on Tuesday. Janney Capital upgraded bebe stores from Neutral to Buy. Ocwen Financial Corp. OCN shares gained 3.98% to $8.09 after the company responded to report of potential loss of California mortgage license. Linear Technology Corporation LLTC rose 3.56% to $46.78 after the company reported better-than-expected earnings for the second quarter and lifted its quarterly dividend by 11%.