Benzinga’s Volume Movers (SLXP, CAAS, WPRT, TKTM, HRBN)
Salix Pharmaceuticals Ltd (NASDAQ: SLXP) shares have gained 6.37% to reach $27.71. The volume of SLXP shares traded was 655% higher than normal. SLXP’s shares moved up sharply after analysts at Piper Jaffray said that street consensus underestimates the revenue potential of the Xifaxan gastrointestinal treatment, making the stock a top pick for 2010 in the small-cap category.
China Automotive Systems Inc (NASDAQ: CAAS) shares have soared 13.43% to $23.65. The volume of CAAS shares traded was 464% higher than normal. With the Chinese economy growing 13% in December, investments in Chinese stocks have high return potential.
Westport Innovations Inc (NASDAQ: WPRT) shares have moved up 5.77% to $12.65. The volume of WPRT shares traded was 366% higher than normal. With the energy sector showing great potential in the foreseeable future, WPRT has been among the most active and biggest gainers.
Ticketmaster Entertainment Inc (NASDAQ: TKTM) shares have risen by 5.68% to $13.95. The volume of TKTM shares traded was 325% higher than normal. TKTM, which operates as a live entertainment ticketing and marketing company, is gaining after fans of San Antonio Spurs adopted paperless ticket technology.
Harbin Electric Inc (NASDAQ: HRBN) shares have gained 5.65% to $23.18. The volume of HRBN shares traded was 293% higher than normal. HRBN has successfully tested its self-developed high efficiency linear motor (LM) propulsion system that has powered China's first domestically developed and manufactured LM driving metro train.
