Cubist Pharmaceuticals Inc CBST shares moved up 16.63% to $29.45 at 10:08 am. The volume of CBST shares traded was 1353% higher than normal. CBST settled a patent lawsuit with Teva Pharmaceuticals TEVA related to its Cubicin drug.
Diamond Foods Inc DMND shares rose 10.45% to $63.20. The volume of DMND shares traded was 1288% higher than normal. Procter & Gamble Co PG announced its plans to sell its Pringles business to DMND in a deal valued at $2.35 billion.
Questcor Pharmaceuticals Inc QCOR shares climbed 20.64% to $18.00. The volume of QCOR shares traded was 315% higher than normal. QCOR projects to report upbeat revenue in the first quarter.
Intersil Corporation ISIL shares gained 9.90% to $13.32. The volume of ISIL shares traded was 197% higher than normal. ISIL's PEG ratio is 1.08.
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