Market Overview

Benzinga's Volume Movers

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  • Achaogen Inc (NASDAQ: AKAO) surged 14.4 percent to $14.90. The volume of Achaogen shares traded was 2946 percent higher than normal. Achaogen reported an offering of 5.7 million shares.
  • VeriFone Systems Inc (NYSE: PAY) shares moved up 9 percent to $17.91. The volume of VeriFone traded was 362 percent higher than normal. VeriFone reported better-than-expected earnings for its fourth quarter, but issued a weak outlook for the first quarter.
  • Monolithic Power Systems, Inc. (NASDAQ: MPWR) shares gained 4.2 percent to $83.42. The volume of Monolithic Power Systems shares traded was 336 percent higher than normal. Monolithic Power Systems disclosed that it has filed a lawsuit against Intersil Corp (NASDAQ: ISIL) for defamation, tortious interference, unfair competition, and misappropriation of trade secrets.
  • The Ultimate Software Group, Inc. (NASDAQ: ULTI) shares rose 2.1 percent to $191.57. The volume of Ultimate Software shares traded was 313 percent higher than normal. Ultimate Software shares have dropped 1.85 percent over the past 52 weeks, while the S&P 500 index has gained 11.62 percent in the same period.

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