Morning Market Gainers

LookSmart, Ltd. LOOK shares surged 44.44 percent to $2.21 following the announcement of merger with Pyxis. IMPAC Mortgage Holdings, Inc IMH shares gained 30.03 percent to $18.75 after the company posted Q1 net income of $2.94 per share on revenue of $34.3 million. eHealth, Inc. EHTH shares rose 28.09 percent to $14.65. eHealth reports Q1 non-GAAP EPS of $0.26 on revenue of $61.3 million. Innocoll AG INNL shares climbed 18.68 percent to $10.23 after the company priced a 3.32 million share follow-on offering at $9 per ADS share. Gigamon Inc GIMO shares rose 16.74 percent to $27.54 after the company reported upbeat Q1 results. DA Davidson upgraded Gigamon from Neutral to Buy and raised the price target from $22.00 to $32.00. Amazon.com, Inc. AMZN shares jumped 13.56 percent to $442.89 after the company reported in-line loss for the first quarter, but the company's sales exceeded analysts' estimates. Analysts at JP Morgan upgraded Amazon from Neutral to Overweight and raised the price target from $375.00 to $535.00. Cepheid CPHD jumped 10.43 percent to $58.86 after the company reported upbeat Q1 results and raised its FY15 guidance. Juniper Networks, Inc. JNPR shares gained 7.17 percent to $25.72 after the company reported better-than-expected results for the first quarter. Microsoft Corporation MSFT jumped 6.62 percent to $46.21 after the company reported stronger-than-expected results for the third quarter. Starbucks Corporation SBUX shares rose 2.67 percent to $50.75. Starbucks reported in-line earnings for the second quarter. However, the company's sales exceeded analysts' estimates.