Benzinga's Volume Movers
Nidec Corporation (NYSE: NJ) shares moved up 5.87% to $14.60 at 9.50 am. The volume of Obagi Medical Products shares traded was 3103% higher than normal. Nidec Corporation is expected to report its 5-year PEG ratio at 8.35.
PriceSmart Inc (NASDAQ: PSMT) shares climbed 5.5% to $84.62. The volume of Williams-Sonoma shares traded was 201% higher than normal. PriceSmart reported its Q2 results above the Wall Street estimates, driven by a 10% surge in warehouse club sales.
Icahn Enterprises LP (NYSE: IEP) shares gained 1.37% to $63.61. The volume of Walter Investment Management shares traded was 180% higher than normal. Analysts at Jeffries have initiated coverage of Icahn Exterprises with a “buy” rating.
ADTRAN, Inc (NASDAQ: ADTN) shares rose 10.5% to $21.78. The volume of Philippine Long Distance Telephone shares traded was 170% higher than normal. ADTRAN reported its quarterly earning higher than the analyst expectations.
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