Benzinga’s Volume Movers (PLCM, ABII, SMTS, JAZZ, RBCN)
Polycom Inc (NASDAQ: PLCM) shares climbed 9.69% to $33.39. The volume of PLCM shares traded was 1,498% higher than normal. PLCM is in talks with Apax Partners over a deal that could take the video-conferencing equipment maker private. Read more about this company here.
Abraxis Bioscience Inc (NASDAQ: ABII) shares jumped 28.41% to $51.17. The volume of ABII shares traded was 926% higher than normal. ABII’s late-stage study for testing its cancer drug Abraxane in non-small cell lung cancer has met the main trial goal. Read more about this company here.
Somanetics Corporation (NASDAQ: SMTS) shares jumped 18.54% to $20.72. The volume of SMTS shares traded was 483% higher than normal. SMTS had posted strong Q1 results, backed by strong sales and better execution on its investments in technology. Read more about this company here.
Jazz Pharmaceuticals Inc (NASDAQ: JAZZ) shares rose 9.73% to $12.40. The volume of JAZZ shares traded was 406% higher than normal. JAZZ’s quarterly revenue growth stands at 95.40% y/y. Read more about this company here.
Rubicon Technology Inc (NASDAQ: RBCN) shares moved up 9.45% to $22. The volume of RBCN shares traded was 219% higher than normal. RBCN’s quarterly revenue growth stands at 111%. Read more about this company here.
