Benzinga's Volume Movers (LDSH, CMED, SINA, CTEL)

Ladish Co Inc LDSH shares moved up 56.15% to $45.80 at 12:54 pm. The volume of LDSH shares traded was 11395% higher than normal. Allegheny Technologies Inc ATI has announced its plans to buy LDSH for around $778 million in cash and stock. China Medical Technologies Inc CMED shares rose 21.50% to $14.30. The volume of CMED shares traded was 965% higher than normal. CMED reported strong year-over-year rise in its FQ2 earnings. Sina Corporation SINA shares climbed 6.00% to $60.41. The volume of SINA shares traded was 410% higher than normal. SINA reported 87% y/y surge in its Q3 net income. City Telecom (HK) Limited CTEL shares gained 4.45% to $15.96. The volume of CTEL shares traded was 384% higher than normal. CTEL's quarterly earnings advanced 54.50% y/y. Read more from Benzinga's Markets.