Benzinga’s Volume Movers (TZOO, SDXC, IDSA, DCTH, NFLX)
Travelzoo Inc (NASDAQ: TZOO) shares gained 18% to $19.47. The volume of TZOO shares traded was 827 % higher than normal. TZOO, a global internet media company, has posted robust Q1 results, with revenues jumping 24% y/y.
Switch & Data Facilities Company, Inc (NASDAQ: SDXC) shares climbed 10.85% to $19.62. The volume of SDXC shares traded was 762% higher than normal. SDXC is being bought by Equinix (NASDAQ: EQIX). EQIX has received regulatory approval for the merger and the deal is expected to conclude by the end of the month.
Industrial Services of America, Inc (NASDAQ: IDSA) shares jumped 10.04% to $18.64. The volume of IDSA shares traded was 400% higher than normal. ISDA is in the business of ferrous and non-ferrous scrap metal recycling and waste management services in the US and Canada.
Delcath Systems, Inc (NASDAQ: DCTH) shares rose 14.48% to $15.02. The volume of DCTH shares traded was 326% higher than normal. Roth Capital initiated coverage of DCTH with a “buy” rating.
Netflix, Inc (NASDAQ: NFLX) shares moved up 9.27% to $108.97. The volume of NFLX shares traded was 267% higher than normal. Citigroup upgraded NFLX from “hold” to “buy.”
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