Benzinga's Volume Movers - Paymentus Holdings (NYSE:PAY), Monolithic Power Systems (NASDAQ:MPWR)

Achaogen Inc 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 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. 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 ISIL for defamation, tortious interference, unfair competition, and misappropriation of trade secrets.
The Ultimate Software Group, Inc. 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.