Benzinga's Volume Movers - Cognizant Tech Solns (NASDAQ:CTSH)

China Petroleum & Chemical Corp (ADR) SNP surged 1.7 percent to $70.84. The volume of China Petroleum & Chemical shares traded was 704 percent higher than normal. China Petroleum shares have surged 12.62 percent over the past 52 weeks, while the S&P 500 index has gained 6.39 percent in the same period.
Time Inc TIME shares moved up 16.5 percent to $15.85. The volume of Time traded was 616 percent higher than normal. Time rejected an $18 per share bid from Edgar Bronfman Jr., the New York Post reported.
Cognizant Technology Solutions Corp CTSH shares gained 8.9 percent to $57.98. The volume of Cognizant shares traded was 397 percent higher than normal. Elliott issued a letter to Cognizant outlining value-enhancement plan.
Health Insurance Innovations Inc HIIQ shares rose 13.6 percent to $12.77. The volume of Health Insurance shares traded was 217 percent higher than normal. Health Insurance shares have jumped 107.56 percent over the past 52 weeks, while the S&P 500 index has gained 6.39 percent in the same period.