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Ann Inc (NYSE: ANN) shares jumped 21.93 percent to $47.20 after the company agreed to be acquired by Ascena Retail Group Inc (NASDAQ: ASNA) for $47.00 per share.

Armco Metals Holdings, Inc. (NYSE: AMCO) climbed 15.75 percent to $1.47 as the company reported financial results for the first quarter on Friday. The company reported a quarterly net loss of $1.03 million, versus a year-ago net loss $3.62 million.

Synergy Pharmaceuticals Inc (NASDAQ: SGYP) shares gained 15.45 percent to $4.06 after jumping 1.15 percent on Friday.

OraSure Technologies, Inc. (NASDAQ: OSUR) shares rose 11.04 percent to $6.64 after surging 8.93 percent on Friday.

Flexible Solutions International, Inc. (NYSE: FSI) shares gained 9.55 percent to $1.51 as the company announced Q1 net income of $0.04 per share, versus a year-ago net loss of $0.01 per share on Friday.

Ascena Retail Group Inc (NASDAQ: ASNA) shares climbed 8.23 percent to $15.38 after the company announced its plans to purchase Ann Inc (NYSE: ANN) for $47 per share.

Altera Corporation (NASDAQ: ALTR) shares rose 6.15 percent to $47.15 on a report of renewed talks with Intel Corporation (NASDAQ: INTC).

China Mobile Games and Entertainment Group Limited (NASDAQ: CMGE) shares surged 2.33 percent to $20.85 after the company reported the preliminary non-binding offer from Orient Hongtai (Beijing) Investment Management Co. to purchase the company for $21.50 per ADS in cash.

GrafTech International Ltd (NYSE: GTI) shares gained 1.82 percent to $5.04 after the company agreed to be acquired by an affiliate of Brookfield Asset Management Inc. (USA) (NYSE: BAM) for $5.05 per share.

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