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Synageva Biopharma Corp (NASDAQ: GEVA) shares jumped 119.96 percent to $210.88 after Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) announced its plans to acquire Synageva for $8.4 billion.

Borderfree Inc (NASDAQ: BRDR) surged 105.60 percent to $13.96 after the company agreed to be acquired by Pitney Bowes Inc. (NYSE: PBI) for $14.00 per share in cash.

Fate Therapeutics Inc (NASDAQ: FATE) shares rose 64.52 percent to $8.16 following the announcement of a deal with Juno Therapeutics Inc (NASDAQ: JUNO). Juno will buy 1 million shares of Fate Therapeutics at $8 per share.

Plasmatech Biopharmaceuticals Inc (NASDAQ: PTBI) jumped 55.61 percent to $9.29 after the company announced an agreement to acquire Abeona Therapeutics LLC.

Moneygram International Inc (NASDAQ: MGI) shares climbed 23.26 percent to $9.61 following Tuesday's Bloomberg report that the company is in talks to be acquired by The Western Union Company (NYSE: WU).

Herbalife Ltd. (NYSE: HLF) shares rose 16.04 percent to $46.52 after the company reported stronger-than-expected earnings for the first quarter and lifted its outlook for the full year. The company posted a quarterly net loss of $3.6 million, or $0.30 per share.

Aptose Biosciences Inc (NASDAQ: APTO) gained 15.15 percent to $6.46 after the company reported financial results for the first quarter.

Walker & Dunlop, Inc. (NYSE: WD) shares surged 14.70 percent to $22.47 after the company reported a strong rise in its earnings for the first quarter.

Wendys Co (NASDAQ: WEN) shares rose 5.94 percent to $11.05 after the company reported better-than-expected earnings for the first quarter and announced its plans to sell its bakery operations this month.

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