Benzinga’s Volume Movers (UNCA, SPRD, RMBS, ADSK)

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Unica Corporation
UNCA
shares surged 117.54% to $20.77 at 12:05 pm. The volume of UNCA shares traded was 18915% higher than normal. IBM
IBM
has agreed to buy UNCA for $21 per share, or $480 million in a cash transaction, valuing UNCA at a premium of 120% over its previous session’s closing price. Spreadtrum Communications Inc
SPRD
shares moved up 4.46% to $10.30. The volume of SPRD shares traded was 346% higher than normal. SPRD swung to Q2 profit and raised its revenue projections for the third quarter. Rambus Inc
RMBS
shares rose 4.77% to $18.88. The volume of RMBS shares traded was 308% higher than normal. NVIDIA Corporation
NVDA
and RMBS have signed a patent license agreement related to certain memory controllers. Autodesk Inc
ADSK
shares gained 5.87% to $29.06. The volume of ADSK shares traded was 211% higher than normal. ADSK has reported better-than-expected Q2 results. Read more
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Posted In: EarningsLong IdeasNewsGuidanceM&AIntraday UpdateMarketsMoversTrading IdeasApplication SoftwareComputer HardwareInformation TechnologySemiconductorsvolume movers
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