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Benzinga's Top Initiations

Nordion (NYSE: NDZ) shares rose 11.05% to $11.56. The volume of Nordion shares traded was 9797% higher than normal. Nordion agreed to be acquired by Sterigenics for $11.75 per share.

Exact Sciences (NASDAQ: EXAS) shares climbed 6.84% to $13.74. The volume of Exact Sciences shares traded was 208% higher than normal. Exact Sciences shares have jumped 31.49% over the past 52 weeks, while the S&P 500 index has gained 18.91% in the same period.

Rio Tinto plc (NYSE: RIO) shares moved up 2.03% to $55.85. The volume of Rio Tinto shares traded was 149% higher than normal. Rio Tinto's PEG ratio is 0.58.

Cal-Maine Foods (NASDAQ: CALM) surged 6.94% to $61.50. The volume of Cal-Maine Foods shares traded 129% higher than normal. Cal-Maine reported a rise in its fiscal third-quarter profit.

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