Benzinga’s Volume Movers (ATAC, COCO, EDMC, STRA)

ATC Technology Corporation

shares gained 39.07% to $24.24 at 11:53 am. The volume of ATAC shares traded was 8,859% higher than normal. ATAC has agreed to be acquired by Genco Distribution System Inc for $512.6 million in cash. Corinthian Colleges Inc

shares jumped 7.45% to $10.24. The volume of COCO shares traded was 304% higher than normal. Shares of education companies are rising on a whisper that an upcoming proposal associated with gainful employment needs by the Department of Education will be less tedious than originally planned. Education Management Corporation

shares gained 14.21% to $18. The volume of EDMC shares traded was 268% higher than normal. EDMC is all set to report its Q4 earnings on August 11. Strayer Education Inc

shares moved up 3.40% to $227.96. The volume of STRA shares traded was 257% higher than normal. Shares of education companies, including STRA, are rising on a whisper that an upcoming proposal associated with gainful employment needs by the Department of Education will be less tedious than originally planned. Read more