Benzinga’s Volume Movers (CREE, RMBS, CETV, JAZZ, ASYS)
Cree Inc (NASDAQ: CREE) shares gained 16.23% to $63.01. The volume of CREE shares traded was 751% higher than normal. CREE demonstrated a new 6-inch LED downlight designed for the residential market. CREE will display the downlight this week at the 2010 International Builder’s Show in Las Vegas. Read more about this company here.
Rambus Inc (NASDAQ: RMBS) shares climbed 13.96% to $24.08. The volume of RMBS shares traded was 706% higher than normal. RMBS, which had accused Samsung, Micron Technology Inc (NYSE: MU) and Hynix Semiconductor Inc of conspiring to fix prices, has received a $900 million settlement. Read more about this company here.
Central European Media Enterprises Ltd (NASDAQ: CETV) shares jumped 11.90% to $29.99. The volume of CETV shares traded was 647% higher than normal. CETV has sold its Ukrainian operations for $300 million. Read more about this company here.
Jazz Pharmaceuticals Inc (NASDAQ: JAZZ) shares rose 6.68% to $10.54. The volume of JAZZ shares traded was 458% higher than normal. JAZZ will present a corporate overview, discuss financial results and provide guidance for 2010 at the 28th Annual JP Morgan Healthcare Conference. Read more about this company here.
Amtech Systems Inc (NASDAQ: ASYS) shares moved up 4.70% to $12.48. The volume of ASYS shares traded was 200% higher than normal. ASYS has received $59 million in orders for FQ1. Read more about this company here.
