Benzinga's Volume Movers

Qihoo 360 Technology Co Ltd QIHU surged 4.27 percent to $76.67. The volume of Qihoo 360 shares traded was 992 percent higher than normal. Sources citing Bloomberg suggest a notice on Qihoo showing that the stock will be delisted from the NYSE on July 18th. However, NYSE sites do not reflect that notice.
Cypress Semiconductor Corporation CY shares moved up 4.55 percent to $11.39. The volume of Cypress Semiconductor traded was 413 percent higher than normal. Betaville reported that the company had rejected an offer of $14.00 per share from Summitview Capital, according to sources. Cypress is said to be looking for $15.00 per share is working with Goldman Sachs on exploring strategic options, the sources said.
Cree, Inc. CREE shares climbed 10.8 percent to $27.79. The volume of Cree shares traded was 371 percent higher than normal. Cree and German-based Infineon Technologies revealed Thursday that they struck a definitive agreement enabling the German firm to acquire the Wolfspeed Power and RF division of Cree for $850 million cash.
Yum! Brands, Inc. YUM shares rose 3.4 percent to $88.60. The volume of Yum! Brands shares traded was 260 percent higher than normal. Yum! Brands reported better-than-expected Q2 earnings and raised its full-year core operating profit growth guidance.