Volterra Semiconductor Jumps on Heavy Volume
Shares of Volterra Semiconductor (NASDAQ: VLTR) are moving higher on unusual volume on Wednesday. The stock has added 5.24% to $30.72 and is sitting near session highs. Volume has been heavy with more than 549,000 VLTR shares trading hands compared to a 3-month daily average of 265,000. Volterra is a small-cap semiconductor company with a market-cap of $780 million. Year-to-date, shares have risen more than 20%, and the stock has added nearly 23% over the last 52-weeks.
Volterra Semiconductor Corporation designs, develops and markets analog and mixed-signal power management semiconductors for the computing, storage, networking, and consumer markets.
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