Morning Market Movers

Transcept Pharmaceuticals TSPT rose 32.66% to $2.64 after the company and Paratek Pharmaceuticals signed a merger agreement. Agenus AGEN rose 23.60% to $3.98 following the report of positive Phase 2 results. Salix Pharmaceuticals SLXP climbed 13.03% to $139.42 as the company reported that endpoint was met in TARGET 3 study. EveryWare Global EVRY gained 12.31% to $1.46 as the company provided an update on credit agreements. Amicus Therapeutics FOLD surged 10.44% to $3.69 after jumping 10.23% on Monday. Janney Capital and Leerink Partners upgraded Amicus Therapeutics. GoPro GPRO rose 9.94% to $44.58 following an announcement by the Chicago Board Options Exchange (CBOE) that it will list options for GoPro starting Monday, July 7. GoPro shares jumped 13.39% on Monday. iPass IPAS climbed 8.33% to $1.30 after the company completed the successful sale of its Unity Managed Network Services business unit for $28.2 million to Tolt Solutions. Netflix NFLX gained 3.55% to $456.26 after Goldman Sachs upgraded the stock from Neutral to Buy and lifted the target price from $380 to $590.