Benzinga's Volume Movers (RELL, GYMB, DMAN, ACTG)
Richardson Electronics Ltd (NASDAQ: RELL) shares moved up 5.05% to $11.03 at 11:49 am. The volume of RELL shares traded was 1721% higher than normal. RELL has agreed to sell its RF, Power and Wireless division to Arrow Electronics Inc (NYSE: ARW) for $210 million in cash.
Gymboree Corp (NASDAQ: GYMB) shares rose 18.08% to $49.05. The volume of GYMB shares traded was 1213% higher than normal. Rumors are that the company is up for sale.
DemandTec Inc (NASDAQ: DMAN) shares climbed 10.31% to $10.38. The volume of DMAN shares traded was 865% higher than normal. DMAN reported a loss of $2.9 million, or $0.09 a share, for the quarter ended August 31.
Acacia Research Corporation (NASDAQ: ACTG) shares gained 15.51% to $20.33. The volume of ACTG shares traded was 615% higher than normal. ACTG's Software Tree LLC subsidiary entered into a settlement agreement with Red Hat Inc (NYSE: RHT).
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