Benzinga’s Volume Movers (ACTG, IDXX, CPHD, CTEL, ISLN)
Acacia Research Corp (NASDAQ: ACTG) shares gained 25.97% to $14.55. The volume of ACTG shares traded was 2,074% higher than normal. ACTG has recently posted its Q1 results above the Wall Street expectations, owing to the jump in licensing agreements.
IDEXX Laboratories, Inc (NASDAQ: IDXX) shares climbed 11.61% to $67.41. The volume of IDXX shares traded was 1,282% higher than normal. IDXX’s Q1 profits rose 27% due to higher sales of animal diagnostics and tests.
CEPHEID (NASDAQ: CPHD) shares jumped 13.83% to $20.82. The volume of CPHD shares traded was 966% higher than normal. Robert W Baird has upgraded CPHD from “neutral” to “outperform.”
City Telecom (HK) Limited (NASDAQ: CTEL) shares rose 7.55% to $14.96. The volume of CTEL shares traded was 916% higher than normal. CTEL has received Telecom Asia's 2010 "Best Broadband Carrier" Award at a grand gala dinner at the Capella Resort, Singapore.
Isilon Systems, Inc (NASDAQ: ISLN) shares moved up 5.87% to $13.53. The volume of ISLN shares traded was 649% higher than normal. ISLN, a storage and data management software maker, has reported better-than-expected Q1 profits, led by an increase in sales in Europe, the Middle East and Africa (EMEA) and Asia.
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