Benzinga's Volume Movers

Palomar Medical Technologies PMTI shares moved up 5.39% to $13.30 at 10:50 am. The volume of Palomar Medical shares traded was 1581% higher than normal. Cynosure CYNO announced its plans to acquire Palomar Medical Technologies for around $294 million in cash and stock. S&W Seed Company SANW shares climbed 5.35% to $11.23. The volume of S&W Seed shares traded was 335% higher than normal. S&W Seed announced its plans to buy Seed Genetics International. VirnetX Holding VHC shares gained 4.81% to $22.87. The volume of VirnetX shares traded was 252% higher than normal. VirnetX shares have dropped 9.42% over the past 52 weeks, while the S&P 500 index has gained 11.15% over the same period. J. C. Penney Company JCP shares rose 6.78% to $16.53. The volume of J. C. Penney shares traded was 157% higher than normal. J. C. Penney's trailing-twelve-month revenue is $12.98 billion.