Benzinga's Volume Movers (CISG, DDMX, HRBN, CREE)

CNinsure Inc CISG shares surged 12.32% to $21.34 at 10:52 am. The volume of CISG shares traded was 576% higher than normal. CISG has announced management plan to buy shares of the Company in the open market. Dynamex Inc DDMX shares moved up 12.03% to $23.66. The volume of DDMX shares traded was 350% higher than normal. DDMX received a higher buyout offer of $23.50 per share from third party. Harbin Electric Inc HRBN shares rose 4.60% to $15.93. The volume of HRBN shares traded was 202% higher than normal. The Board of Directors of HRBN received a letter from its Chairman and CEO, Mr. Yang, regarding his earlier announced proposal to take the Company private. Cree Inc CREE shares gained 7.71% to $63.01. The volume of CREE shares traded was 153% higher than normal. Analysts at Morgan Keegan upgraded CREE from “market perform” to “outperform.” Read more from Benzinga's Markets.