Morning Market Movers

Oclaro (NASDAQ: OCLR) moved up 37.83% to $1.46 after II-VI (NASDAQ: IIVI) announced its plans to acquire Oclaro's semiconductor laser business for $92 million.

Prime Acquisition (NASDAQ: PACQ) rose 16.64% to $15.00. Prime Acquisition shares have jumped 30.29% over the past 52 weeks, while the S&P 500 index has gained 15.69% in the same period.

NetSol Technologies (NASDAQ: NTWK) shares jumped 16.50% to $11.88 on strong Q4 results.

Galectin Therapeutics (NASDAQ: GALT) jumped 12.81% to $12.24. Galectin Therapeutics' trailing-twelve-month ROE is -141.62%.