Benzinga’s Volume Movers (GIII, MORN, RADS, BCSI)
G-III Apparel Group Ltd (NASDAQ: GIII) shares surged 17.90% to $28.46 at 12:02 pm. The volume of GIII shares traded was 815% higher than normal. GIII has reported Q2 profit unexpectedly and lifted its projections for the full year.
Morningstar Inc (NASDAQ: MORN) shares rose 1.43% to $41.03. The volume of MORN shares traded was 341% higher than normal. MORN’s trailing-twelve-month gross margin is 72.05%.
Radiant Systems Inc (NASDAQ: RADS) shares climbed 3.63% to $18.56. The volume of RADS shares traded was 330% higher than normal. RADS’ quarterly earnings surged 81.30% y/y.
Blue Coat Systems Inc (NASDAQ: BCSI) shares gained 13.06% to $21.29. The volume of BCSI shares traded was 306% higher than normal. Analyst Scott Zeller at Needham upgraded BCSI from “hold” to “buy” after the company yesterday named Mike Borman as its new CEO.
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