Benzinga's Volume Movers (ENDP, GPRE, ACAT, CGNX)
Endo Pharmaceuticals Holdings Inc (NASDAQ: ENDP) shares moved up 8.53% to $33.22 at 12:10 pm. The volume of ENDP shares traded was 664% higher than normal.
ENDP has agreed to acquire Qualitest Pharmaceuticals for $1.2 billion to expand its business in the generic and pain drug markets.
Green Plains Renewable Energy Inc (NASDAQ: GPRE) shares rose 5.61% to $11.49. The volume of GPRE shares traded was 449% higher than normal. GPRE's quarterly earnings surged 1,285.00% y/y.
Arctic Cat Inc (NASDAQ: ACAT) shares climbed 15.31% to $10.32. The volume of ACAT shares traded was 360% higher than normal. HSFT's PEG ratio is 1.27. Analysts at Raymond James upgraded ACAT from “market perform” to “strong buy.”
Cognex Corp (NASDAQ: CGNX) shares gained 10.18% to $25.22. The volume of CGNX shares traded was 287% higher than normal. CGNX has raised its Q3 revenue projections.
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