Benzinga’s Volume Movers (TLCR, RYAAY, CELG, GOLD)

Learn how to find the best stocks to trade each day in our 70 page E-Book and 90 minute online video for free. Plasma-based protein therapies maker Talecris Biotherapeutics Holdings Corp TLCR gained 25.60% to $19.99 by 11:52 am. The volume of TLCR shares traded was 2946% higher than normal. Spanish firm Grifols is about to acquire US based TLCR for $3.4 billion in a friendly merger. Ryanair Holdings plc RYAAY shares climbed 2.73% to $25.55 by 11:52 am. The volume of RYAAY shares traded was 87% higher than normal. Europe's largest no-frills airline recently announced a 17% jump in its May passenger traffic. Celgene Corp CELG shares jumped 4.48% to $53.86. The volume of CELG shares traded was 81% higher than normal. Analyst Thomas Wei of Jefferies & Company has upgraded CELG from “hold” to “buy” today on the basis of the stock’s attractive valuation and the Revlimid study receiving positive feedback from physicians. Randgold Resources GOLD shares rose 1.4% to $87.4. The volume of GOLD shares traded was 72% higher than normal. HSBC Securities initiated coverage of GOLD with an “overweight” rating. Read more from Benzinga's Markets.
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Posted In: NewsUpgradesInitiationM&AIntraday UpdateMarketsAnalyst RatingsMoversHSBC SecuritiesJefferies & CompanyThomas Weivolume movers
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