Benzinga’s Volume Movers (EVVV, PANL, QCOR, ARTC)
ev3 Inc (NASDAQ: EVVV) shares gained 17.39% to $22.21 by 1:15 pm. The volume of EVVV shares traded was 11587% higher than normal. The vascular-treatment company EVVV today announced its acquisition by Covidien PLC (NYSE: COV) in a $2.6 billion cash deal.
Universal Display Corp (NASDAQ: PANL) shares climbed 13.11% to $17.52 by 1:15 pm. The volume of PANL shares traded was 634% higher than normal. PANL’s March quarter earnings were 38.50% higher than anticipated.
Questcor Pharmaceuticals Inc (NASDAQ: QCOR) shares jumped 6.55% to $10.09. The volume of QCOR shares traded was 166% higher than normal. QCOR is a Cerritos, California-based pharmaceutical company that provides prescription drugs for the treatment of central nervous system and inflammatory disorders.
ArthroCare Corp (NASDAQ: ARTC) shares rose 2.41% to $30.12. The volume of ARTC shares traded was 136% higher than normal. Jefferies & Company initiated ARTC with a “buy” rating.
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