Kendle International Inc KNDL shares moved up 57.84% to $14.99 at 10:20 am. The volume of KNDL shares traded was 7180% higher than normal. INC Research LLC announced its plans to acquire Kendle for around $232 million in cash.
Novellus Systems Inc NVLS shares rose 7.65% to $35.4. The volume of NVLS shares traded was 2887% higher than normal. NVLS reported the pricing of $600 million principal amount of 2.625% senior convertible notes due in May 2041.
QuinStreet Inc QNST shares climbed 5.22% to $18.76. The volume of QNST shares traded was 514% higher than normal. QNST reported a 19% y/y rise in its FQ3 revenue.
Trimble Navigation Limited TRMB shares gained 7.26% to $43.43. The volume of TRMB shares traded was 446% higher than normal. TRMB reported upbeat Q1 results.
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