Benzinga’s Volume Movers (ITRI, PCLN, MEND, OFIX, LOGM)
Itron, Inc (NASDAQ: ITRI) shares gained 7.35% to $67.04. The volume of ITRI shares traded was 461% higher than normal. Itron reported its Q4 net income at $5.2 million, or 13 cents a share, as compared to $2.2 million, or 6 cents a share, a year ago. The results beat Street expectations. Read more about this company here.
Priceline.com Incorporated (NASDAQ: PCLN) shares surged 9.53% to $233.16. The volume of PCLN shares traded was 325% higher than normal. PCLN quarterly results topped expectations, led by international bookings. Sales at Priceline.com surged 33% to $541.8 million. Read more about this company here.
Micrus Endovascular Corp (NASDAQ: MEND) shares rose 3.45% to $21.59. The volume of MEND shares traded was 279% higher than normal. The medical device maker reported profits for the fiscal 2010 third-quarter on higher sales of neurovascular products. MEND earned $3.3 million, or 20 cents per share, as compared to a loss of $2.3 million, or 15 cents per share, a year ago. Read more about this company here.
Orthofix International NV (NASDAQ: OFIX) shares climbed 6.72% to $33.65. The volume of OFIX shares traded was 264% higher than normal. OFIX’s Q409 sales totaled $144 million, up 9% from Q408. Orthofix International was upgraded by Susquehanna Financial from neutral to positive. Read more about this company here.
LogMein, Inc (NASDAQ: LOGM) shares moved up 8.39% to $19.25. The volume of LOGM shares traded was 237% higher than normal. LOGM announced its Q4 revenues at $20.2 million, up 26% from $16.0 million reported in the fourth quarter of 2008. Read more about this company here.
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