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Morning Market Gainers

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Transgenomic Inc (NASDAQ: TBIO) surged 75.47 percent to $3.33. Transgenomic launched EGFR CLIA test that accurately detects key mutations in solid and liquid patient samples using multiplexed ICE COLD-PCR.

Heron Therapeutics Inc (NASDAQ: HRTX) shares climbed 35.06 percent to $16.68 after the company reported positive results from its Phase 3 MAGIC study of SUSTOLĀ®.

Rosetta Stone Inc (NYSE: RST) gained 13.84 percent to $7.32 after the company reported that it has received an expression of interest from RDG Capital Fund Management. The company also reported that it is actively implementing its strategic plan.

Magnachip Semiconductor Corp (NYSE: MX) shares rose 9.55 percent to $7.00. Magnachip reported a Q1 loss of $0.28 per share on revenue of $164.885 million and named its YJ Kim as chief executive and Jonathan Kim as chief financial officer.

Prima Biomed Ltd. (NASDAQ: PBMD) shares jumped 9.31 percent to $2.70 after the company reported a new IP for its lead IMP321 development program.

Destination XL Group Inc (NASDAQ: DXLG) surged 9.05 percent to $4.94. Destination XL Group reported a Q1 loss of $0.01 per share on revenue of $104.4 million.

Galapagos NV (ADR) (NASDAQ: GLPG) shares rose 6.49 percent to $57.51 after surging 8.19 percent on Thursday.

GameStop Corp. (NYSE: GME) shares rose 6.67 percent to $43.65 after the company reported stronger-than-expected earnings for the first quarter and raised its earnings forecast for the year.

Altera Corporation (NASDAQ: ALTR) shares gained 5.42 percent to $49.51 following a report that the company is nearing a deal to be acquired by Intel Corporation (NASDAQ: INTC).

Infoblox Inc (NYSE: BLOX) shares rose 2.55 percent to $26.99 after the company reported stronger-than-expected results for the fiscal third quarter.

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