Morning Market Gainers

Quality Distribution Inc QLTY shares jumped 61.53 percent to $15.83 after the company agreed to be acquired by Funds Advised by Apax Partners for $16.00 per share in an all cash deal. Gevo, Inc. GEVO shares surged 42.89 percent to $3.50 following the announcement of a deal with Alaska Air Group, Inc. ALK. BioTelemetry, Inc. BEAT gained 21.28 percent to $9.69 on upbeat Q1 earnings. MER Telemanagement Solutions Ltd. MTSL rose 20.16 percent to $2.20. MER Telemanagement Solutions reported a Q1 loss of $0.05 per share on revenue of $1.833 million. Tower International Inc TOWR shares gained 13.05 percent to $28.59 after the company reported better-than-expected Q1 earnings. Plasmatech Biopharmaceuticals Inc PTBI rose 12.05 percent to $9.64. Plasmatech Biopharmaceuticals shares jumped Wednesday following the announcement of Abeona Therapeutics acquisition. Qorvo Inc QRVO shares climbed 8.12 percent to $74.67 after the company reported stronger-than-expected quarterly results. Alibaba Group Holding Limited BABA shares gained 9.44 percent to $87.55 after the company reported stronger-than-expected results for the fourth quarter. Yahoo! Inc. YHOO shares rose 6.75 percent to $44.47 after Alibaba reported strong quarterly results. Gogo Inc GOGO shares climbed 5.38 percent to $21.92 after the company reported a narrower-than-expected Q1 loss. Zynga Inc ZNGA shares surged 4.98 percent to $2.74 after the company reported better-than-expected results for the first quarter and announced its plans to lower around 18 percent of its workforce by the end of the year.