Morning Market Movers

Digital Ally (NASDAQ:

) shares surged 27.60% to $15.95. On Monday, Digital Ally's CEO said that the company has been receiving buyout offers. Digital Ally's CEO told Benzinga that strength in the company's shares are “due not only to Ferguson, but all cities and states that have started talking about it.” Kite Pharma (NASDAQ:

) shares climbed 16.76% to $26.04 on positive non-Hodgkin's lymphoma trial results using KTE-C19. DSW (NYSE:

) shares climbed 13.04% to $32.07 after the company reported upbeat fiscal second-quarter results. Tim Hortons (NYSE:

) rose 8.55% to $81.11 after Burger King (NYSE:

) agreed to buy Tim Hortons for around $11 billion. Kandi Technolgies Group (NASDAQ:

) surged 8.10% to $19.75 on a report that China is considering $16 billion EV-charging fund. Achillion Pharmaceuticals (NASDAQ:

) rose 2.97% to $11.10 after rising 10.45% on Monday on a note from UBS analyst Andrew Peters that the stock could be a takeover candidate. Elbit Imaging (NASDAQ:

) gained 4.13% to $3.78after dropping 3.66% on Monday. Tech Data (NASDAQ:

) jumped 3.32% to $68.49 on upbeat quarterly results.