Benzinga's Volume Movers

Polycom Inc PLCM surged 12.97 percent to $12.28. The volume of Polycom shares traded was 16014 percent higher than normal. Polycom revealed Friday that private equity firm, Siris Capital Group, LLC and its affiliates, have submitted a unilaterally binding offer to buy all outstanding shares for $12.50 per share in cash. Polycom also revealed that its board has approved the cancellation of its previously announced merger agreement with Mitel Networks Corporation MITL.
Barracuda Networks Inc CUDA shares moved up 16.60 percent to $18.12. The volume of Barracuda Networks traded was 779 percent higher than normal. Barracuda reported stronger-than-expected results for its first quarter. The company reported that CFO David Faugno will be stepping down and current chief accounting officer, Dustin Driggs, will replace Faugno.
TASER International, Inc. TASR shares climbed 5.91 percent to $27.29. The volume of TASER shares traded was 269 percent higher than normal. Gun manufacturers rose after a deadly shooting in downtown Dallas. Three people were in custody while a fourth suspect exchanged gunfire with police authorities. A sniper fatally shot 11 officers, five fatally.
Sodastream International Ltd SODA shares rose 6.32 percent to $23.71. The volume of Sodastream shares traded was 169 percent higher than normal. PepsiCo, Inc. PEP is said to be interested in acquiring SodaStream, according to DealReporter.