Get Benzinga's Best Trading Ideas For Free

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.


There are 0 comments
Please note that comments may take up to one hour before they get published on the site. Please check back later to see your comments.

Post new comment

The content of this field is kept private and will not be shown publicly.