Morning Market Movers

xG Technology XGTI climbed 60% to $2.96 after it was named a US Army subcontractor on a five-year project. Vertex Pharmaceuticals VRTX surged 47.35% to $98.15 after the company reported that primary endpoint was met for lumacaftor study. IsoRay ISR climbed 20.97% to $3.23 after the company reported that Cesium-131 has been cleared by the FDA for internal radiation therapy. CorMedix CRMD jumped 19.46% to $1.78 session after the company finalized Phase III study protocol for the FDA. Smart Technologies SMT shares jumped 11.48% to $3.01 after the company and Teq reached an agreement to provide software to New York State schools. Wix.com WIX gained 4.22% to $18.52 after the company announced that it had surpassed 50 million registered users worldwide. Keryx Biopharmaceuticals KERX gained 3.49% to $15.41. The rise in the stock may be attributed to positive Seeking Alpha post. Micron Technology MU surged 1.70% to $31.79 after the company reported better-than-expected fiscal third-quarter earnings. Micron posted its adjusted earnings of $0.79 per share, beating analysts' estimates of $0.69 per share.