Benzinga's Volume Movers
Five Below (NASDAQ: FIVE) shares rose 15.42% to $43.86. The volume of Five Below shares traded was 714% higher than normal. Five Below reported better-than-expected fourth-quarter results. The company posted its quarterly adjusted earnings of $0.47 per share on revenue of $212 million. However, analysts were projecting earnings of $0.45 per share on revenue of $207.8 million.
Movado Group (NYSE: MOV) shares climbed 8.76% to $45.71. The volume of Movado Group shares traded was 374% higher than normal. Movado reported upbeat Q4 earnings and issued a strong FY15 outlook.
Youku Tudou (NYSE: YOKU) surged 6.74% to $29.62. The volume of Youku Tudou shares traded was 313% higher than normal. According to a report, Tencent will take a 20% stake in Youku Tudou.
Steelcase (NYSE: SCS) shares moved up 14.64% to $16.72. The volume of Steelcase shares traded was 304% higher than normal. Steelcase reported better-than-expected fourth-quarter earnings. Steelcase reported its Q4 earnings of $0.18 per share, beating analysts' estimates by $0.01 per share. Raymond James upgraded the stock from Outperform to Strong Buy and lifted the price target from $17.50 to $19.00.
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