Early Volume Plays Among Those Valued Below $10 (BSMD, TOPS, HAUP, BBI)

Some of the stocks that are valued below $10 and have the potential to become one of the high volume movers in the early trading hours are:Shares of BioSphere Medical (NASDAQ: BSMD) surged by 42.67% to $4.28 in the pre-market session on the news of Merit Medical (NASDAQ: MMSI) acquiring the firm for $4.38 a share in a $96 million cash deal. BSMD’s 50-day average daily volume is 28,000.TOP Ships (NASDAQ: TOPS) climbed 8.33% to $1.30 in the pre-market hours, despite missing the analyst estimates. While TOPS had posted $0.03 a share of profit on revenue of $23.1 million, analysts expected $0.14 a share of profit on revenue of $25 million. TOPS has a 50-day average daily volume of 62,000.Hauppauge Digital (NASDAQ: HAUP), the world's leading developer and manufacturer of TV tuner products for personal computers, today launched live TV support for Apple’s (NASDAQ: AAPL) iPad, iPhone and iPod touch. By 9:38 am, the stock had climbed 35.31% to $4.10. The 50-day average daily volume for Hauppauge is 90,000.Blockbuster (NYSE: BBI) posted a Q1 loss of $0.33 a share on revenue of $939.4 million, above the analyst average expectations for a loss of $0.14 a share on revenue of $933.3 million. Shares of the video rental chain surged 15% yesterday before falling 20.02% to $0.40 by 9:48 am today. BBI’s three-month average daily volume is 10.85 million.Read more from Benzinga's Markets.