Benzinga’s Volume Movers (STST, CEDC, EDMC, GXDX, HRBN)
ARGON ST Inc (NASDAQ: STST) shares gained 8.95% to $25.88 by 12:53 pm. The volume of STST shares traded was 1,335% higher than normal. STST is a systems engineering, development and services provider.
Central European Distribution Corp (NASDAQ: CEDC) shares climbed 14.47% to $29.98. The volume of CEDC shares traded was 315% higher than normal. CEDC has posted lower-than-expected Q1 profits, but the company is expecting a slight recovery in the second half of the year and is anticipating better consumer spending in the first half of FY11.
Education Management Corp (NASDAQ: EDMC) shares jumped 4.27% to $22. The volume of EDMC shares traded was 225% higher than normal. EDMC’s EPS for the fiscal 2010 Q3 is 28.20% higher than expected.
Genoptix Inc (NASDAQ: GXDX) shares rose 2.19% to $28.50. The volume of GXDX shares traded was 220% higher than normal. GXDX’s quarterly revenues for Q1 grew by 21% y/y.
Harbin Electric Inc (NASDAQ: HRBN) shares moved up 9.55% to $20.30. The volume of HRBN shares traded was 182% higher than normal. HRBN, a Chinese electric motors maker, posted better-than-expected Q1 results due to strong domestic sales growth.
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