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Forest Laboratories (NYSE: FRX) shares moved up 14.82% to $67.47. The volume of Forest Laboratories shares traded was 1094% higher than normal. Forest Laboratories announced its plans to acquire Aptalis for $2.9 billion.

ArthroCare (NASDAQ: ARTC) shares rose 15.71% to $46.96. The volume of ArthroCare shares traded was 1000% higher than normal. ArthroCare entered into a deferred prosecution agreement. The company will pay a $30 million fine to the US Department of Justice.

China Mobile Games and Entertainment Group (NASDAQ: CMGE) shares climbed 14.25% to $29.90. The volume of China Mobile Games and Entertainment shares traded was 909% higher than normal. CMGE shares have jumped 611.14% over the past 52 weeks, while the S&P 500 index has gained 25.79% in the same period.

Apollo Education Group (NASDAQ: APOL) surged 13.87% to $30.67. The volume of Apollo Education Group shares traded was 546% higher than normal. Apollo Education reported an upbeat Q1 profit and raised its FY14 outlook.

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