Benzinga’s Volume Movers (SWWC, IBKC, CISG, LINC, HSNI)
Southwest Water Company (NASDAQ: SWWC) shares gained 47.81% to $10.45. The volume of SWWC shares traded was 17,360% higher than normal. SWWC is being acquired by institutional investors for $11 per share. Read more about this company here.
IberiaBank Corp (NASDAQ: IBKC) shares rose 0.86% to $58.40. The volume of IBKC shares traded was 2,986% higher than normal. IBKC plans to raise $300 million through a public stock sale. Read more about this company here.
CNinsure Inc (NASDAQ: CISG) shares jumped 9.49% to $24.35. The volume of CISG shares traded was 693% higher than normal. CISG has reported better-than-consensus Q4 and FY09 results. Read more about this company here.
Lincoln Educational Services Corporation (NASDAQ: LINC) shares climbed 9.47% to $24.62. The volume of LINC shares traded was 660% higher than normal. LINC had posted record Q4 and 2009 yearend results. Read more about this company here.
HSN Inc (NASDAQ: HSNI) shares soared 12.64% to $25.57. The volume of HSNI shares traded was 431% higher than normal. HSNI returned to Q4 profits. The company had posted losses a year earlier due to accounting charges. Read more about this company here.
