Shares of DragonWave (DRWI) skyrocketed 65.22% to $1.9 per share on sales and service agreement with Ingram Micro. In the biotech sector shares of Neovasc (NVCN) surged 28.06% to $1.78 per share as the company plans to announce fourth quarter result on March 23.

Other winners of the day include money transfer services provider Moneygram International (MGI) as Euronet Worldwide(EEFT) offered to buy the company. Shares jumped 24.57% to $15.77 following the announcement. Finally restaurant chain operator Ruby Tuesday (RT) rose 24.14% to $2.16 per share as on plan to sell the company