Benzinga’s Volume Movers (ADCT, VVUS, EZCH, ACTG)
ADC Telecommunications, Inc (NASDAQ: ADCT) shares gained 3.09% to $65.73 at 11:29 am. The volume of ADCT shares traded was 4851% higher than normal. Tyco Electronics (NYSE: TEL) is acquiring ADCT for $12.75 per share.
Vivus, Inc (NASDAQ: VVUS) shares jumped 2.34% to $46.80. The volume of VVUS shares traded was 460% higher than normal. An FDA advisory panel announced that VVUS' diet pill led to "statistically significant" weight loss.
EZchip Semiconductor Limited (NASDAQ: EZCH) shares gained 4.42% to $35.40. The volume of EZCH shares traded was 217% higher than normal. EZCH has scheduled its quarterly earnings results for July 29.
Acacia Research Corporation (NASDAQ: ACTG) shares moved up 3.14% to $16.74. The volume of ACTG shares traded was 99% higher than normal. Recently, a subsidiary of Acacia has signed a license agreement with Morningstar Inc.
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