Benzinga’s Volume Movers (HITK, OCFC, SNIC, AONE, ABFS)
Some of the stocks that saw extraordinary trading this morning are:
Hi-Tech Pharmacal Co Inc (NASDAQ: HITK)(FREE stock trend analysis) shares surged 13.27% to $26.55. The volume of HITK shares traded was 389% higher than normal. HITK develops, manufactures, markets and sells generic, prescription, over-the-counter (OTC) and nutritional products in the US.
OceanFirst Financial Corp (NASDAQ: OCFC)(FREE stock trend analysis) shares moved up 6.50% to $10.65. The volume of OCFC shares traded was 253% higher than normal. OCFC ended its merger agreement with Central Jersey Bancorp, citing the lack of regulatory approval.
Sonic Solutions (NASDAQ: SNIC)(FREE stock trend analysis) shares rose 12.69% to $10.92. The volume of SNIC shares traded was 242% higher than normal. SNIC has raised about $27 million through stock sale.
A123 Systems Inc (NASDAQ: AONE)(FREE stock trend analysis) shares shot up 5.33% to $17.18. The volume of AONE shares traded was 194% higher than normal. AONE has set up a joint venture with SAIC Motor Corp to develop battery systems for hybrid-electric and pure-electric passenger and commercial vehicles.
Arkansas Best Corporation (NASDAQ: ABFS)(FREE stock trend analysis) shares moved up 5.33% to $17.18. The volume of ABFS shares traded was 191% higher than normal. ABFS is involved in motor carrier freight transportation business in the US.
