Benzinga's Volume Movers (RSTI, SCSC, AVEO, SLGN)
Rofin-Sinar Technologies Inc (NASDAQ: RSTI) shares moved up 4.43% to $27.12 at 10:47 am. The volume of RSTI shares traded was 453% higher than normal. Standard & Poor's reported that RSTI will be replacing Cogent Inc (NASDAQ: COGT) in the S&P SmallCap 600, after the closing bell on October 12.
ScanSource Inc (NASDAQ: SCSC) shares rose 7.30% to $30.26. The volume of SCSC shares traded was 306% higher than normal. Analysts at Stifel Nicolaus upgraded SCSC from “hold” to “buy.”
AVEO Pharmaceuticals Inc (NASDAQ: AVEO) shares climbed 3.21% to $15.09. The volume of AVEO shares traded was 198% higher than normal. AVEO's quarterly revenue surged 206.60% y/y.
Silgan Holdings Inc (NASDAQ: SLGN) shares gained 4.19% to $33.58. The volume of SLGN shares traded was 197% higher than normal. SLGN has planned to repurchase about $175 million of its own stock.
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