Benzinga’s Volume Movers (SOLF, IDSA, IPGP, EXBD)
Solarfun Power Holdings Co Ltd (NASDAQ: SOLF) shares gained 7.51% to $11.02 at 1:15 pm. The volume of SOLF shares traded was 676% higher than normal. Hanwha Chemical has agreed to buy a 49.99% stake in SOLF. The company has also reported better-than-expected Q2 revenue.
Industrial Services of America Inc (NASDAQ: IDSA) shares moved up 7.11% to $20.65. The volume of IDSA shares traded was 422% higher than normal. Industrial Services of America has secured a $48.8 million line of credit from Fifth Third Bank (NASDAQ: FITB).
IPG Photonics Corporation (NASDAQ: IPGP) shares rose 12.93% to $18.86. The volume of IPGP shares traded was 418% higher than normal. IPG Photonics has posted better-than-expected Q2 results.
Corporate Executive Board Co (NASDAQ: EXBD) shares rose 14.56% to $32.50. The volume of EXBD shares traded was 356% higher than normal. EXBD had reported strong year-over-rise in its Q2 earnings and has raised its projections for 2010.
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