Benzinga's Volume Movers

Fogo De Chao Inc FOGO shares rose 7.25 percent to $15.53. The volume of Fogo De Chao shares traded was 319 percent higher than normal. Fogo De Chao reported Q4 earnings of $0.29 per share on revenue of $77.5 million. Valeant Pharmaceuticals Intl Inc VRX shares moved up 3.55 percent to $34.70. The volume of Valeant Pharmaceuticals traded was 276 percent higher than normal. Nomura downgraded Valeant from Buy to Neutral. Morgan Stanley maintained Valeant with a Equal-weight and lowered the price target from $98.00 to $39.00. Oracle Corporation ORCL shares climbed 4.03 percent to $40.30. The volume of Oracle shares traded was 120 percent higher than normal. Oracle reported better-than-expected earnings for its fiscal third quarter, but the company missed analysts' sales estimates. Qiwi PLC QIWI surged 12.08 percent to $12.90. The volume of Qiwi shares traded was 93 percent higher than normal. On Tuesday, Qiwi reported Q4 earnings of $0.29 per share on revenue of $36.5 million.