Benzinga's Volume Movers (LOOP, AVEO, REDF, SFLY)

LoopNet Inc LOOP shares moved up 27.07% to $18.26 at 10:15 am. The volume of LOOP shares traded was 2572% higher than normal. CoStar Group Inc CSGP agreed to buy LOOP for $860 million. AVEO Pharmaceuticals Inc AVEO shares rose 4.36% to $14.35. The volume of AVEO shares traded was 483% higher than normal. AVEO reported its Q1 net income at $85.4 million, versus a net loss of $14.4 million, in the year-ago quarter. Rediff.com India Limited REDF shares climbed 5.31% to $17.06. The volume of REDF shares traded was 301% higher than normal. REDF launched its own group deals program for Indian market. Shutterfly Inc SFLY shares gained 15.11% to $65.07. The volume of SFLY shares traded was 271% higher than normal. SFLY reported upbeat Q1 revenue. Read more from Benzinga's Markets.