Benzinga’s Volume Movers (NWS, RBCN, TRS, RINO)
News Corporation (NASDAQ: NWS) shares moved up 3.75% to $16.03 at 10:54 am. The volume of NWS shares traded was 334% higher than normal. British Sky Broadcasting (OTC: BSYBY.PK) has rejected the $11.5-billion bid by NWS, which already holds 39% stake in BSYBY.PK.
Rubicon Technology Inc (NASDAQ: RBCN) shares climbed 3.10% to $30.94. The volume of RBCN shares traded was 193% higher than normal. RBCN has planned for a public offering of 1.8 million shares.
TriMas Corporation (NASDAQ: TRS) shares jumped 6.11% to $11.64. The volume of TRS shares traded was 122% higher than normal. TRS’ Norris Cylinder subsidiary has purchased certain assets associated with Taylor-Wharton International's high and low-pressure cylinder business.
RINO International Corporation (NASDAQ: RINO) shares rose 8.38% to $14.28. The volume of RINO shares traded was 119% higher than normal. RINO’s quarterly earnings growth is 49.60% y/y.
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