Benzinga’s Volume Movers (CTRP, HAYN, SYUT, NWS)
Companies that are down today on unusual volume are:
Ctrip.com International Ltd (NASDAQ: CTRP) shares dipped 10.80% to $38.15 at 12:23 pm. The volume of CTRP shares traded was 329% lower than normal. Analysts at RBS downgraded CTRP to “hold.”
Haynes International Inc (NASDAQ: HAYN) shares moved down 6.47% to $30.93. The volume of HAYN shares traded was 167% lower than normal. HAYN’s quarterly revenue fell 21.40% y/y.
Synutra International Inc (NASDAQ: SYUT) shares dropped 4.72% to $17.36. The volume of SYUT shares traded was 162% lower than normal. SYUT has priced its public offering of 3.3 million common shares at $19.00 per share.
News Corporation (NASDAQ: NWS) shares fell 3.62% to $14.12. The volume of NWS shares traded was 146% lower than normal. Analysts at Goldman Sachs upgraded NWS from “neutral” to “buy.”
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