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Journal Communications (NYSE: JRN) shares moved up 24.43% to $10.90. The volume of Journal Communications shares traded was 1456% higher than normal. The E.W. Scripps Company (NYSE: SSP) and Journal Communications have agreed to merge their broadcasting operations and spin off their newspapers businesses into a separate publicly held company.

Open Text (NASDAQ: OTEX) surged 15.03% to $55.72. The volume of Open Text shares traded 1451% higher than normal. Open Text reported upbeat quarterly earnings and announced a new CFO.

LivePerson (NASDAQ: LPSN) shares climbed 15.65% to $11.75. The volume of LivePerson shares traded was 1219 higher than normal. LivePerson reported upbeat quarterly results and issued a strong revenue forecast.

Tessera Technologies (NASDAQ: TSRA) shares rose 12.23% to $26.06. The volume of Tessera Technologies shares traded was 876% higher than normal. Tessera Technologies and Micron Technology (NASDAQ: MU) announced the execution of new patent license agreements.

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