Benzinga's Volume Movers
- Inteliquent Inc (NASDAQ: IQNT) surged 35.5 percent to $22.68. The volume of Inteliquent shares traded was 1445 percent higher than normal. Inteliquent agreed to be acquired by GTCR for $23.00 per share in cash.
- Metaldyne Performance Group Inc (NYSE: MPG) shares moved up 40.2 percent to $20.05. The volume of Metaldyne Performance Group traded was 1421 percent higher than normal. American Axle & Manufact. Holdings, Inc. (NYSE: AXL) announced acquisition of Metaldyne Performance Group for $1.6 billion in cash and $1.7 billion assumed debt. MPG reported Q3 earnings of $0.33 per share on revenue of $676 million.
- Microsemi Corporation (NASDAQ: MSCC) shares gained 11 percent to $46.42. The volume of Microsemi shares traded was 707 percent higher than normal. Bloomberg reported that Microsemi is exploring a sale after receiving takeover interest from Skyworks Solutions.
- Coherent, Inc. (NASDAQ: COHR) shares rose 16 percent to $117.69. The volume of Coherent shares traded was 344 percent higher than normal. Coherent reported better-than-expected Q4 results.
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