Market Overview

Benzinga's Volume Movers

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Pericom Semiconductor (NASDAQ: PSEM) shares climbed 37.40 percent to $16.74. The volume of Pericom Semiconductor shares traded was 5942 percent higher than normal. Pericom Semi agreed to be acquired by Diodes Incorporated (NASDAQ: DIOD) for $17.00 per share.

Lannett Company, Inc. (NYSE: LCI) surged 15.20 percent to $57.00. The volume of Lannett shares traded 879 percent higher than normal. Lannett announced its plans to acquire Kremers Urban Pharmaceuticals Inc. for $1.23 billion.

Methode Electronics Inc. (NYSE: MEI) shares moved up 21.58 percent to $33.30. The volume of Methode Electronics traded was 658 percent higher than normal. Methode Electronics reported upbeat Q1 earnings.

B&G Foods, Inc. (NYSE: BGS) shares rose 12.91 percent to $34.38. The volume of B&G Foods shares traded was 548 percent higher than normal. B&G Foods agreed to acquire the Green Giant and Le Sueur brands from General Mills, Inc. (NYSE: GIS) for $765 million in cash.

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