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Protective Life (NYSE: PL) shares moved up 17.94% to $69.25. The volume of Protective Life shares traded was 12792% higher than normal. Dai-ichi Life (OTC: DCNSF) agreed to buy Protective Life for $70 per share.

Rexnord (NYSE: RXN) shares rose 4.60% to $27.04. The volume of Rexnord shares traded was 472% higher than normal. Rexnord will participate in the Deutsche Bank Global Industrials and Basic Materials Conference in Chicago, IL, on June 5, 2014.

Vanda Pharmaceuticals (NASDAQ: VNDA) shares climbed 17.66% to $11.79. The volume of AmSurg shares traded was 301% higher than normal. Vanda Pharma expected FY14 operating expense of $110 million to $120 million.

InterDigital (NASDAQ: IDCC) surged 1.42% to $45.79. The volume of InterDigital shares traded 291% higher than normal. InterDigital shares have gained 1.01% over the past 52 weeks, while the S&P 500 index has jumped 19.60% in the same period.

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