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Market Overview

Benzinga’s Volume Movers (RIMM, CELG, RYAAY, ORCL, ABFS)

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Research in Motion Limited (NASDAQ: RIMM) shares jumped 10.27% to $69.98. The volume of RIMM shares traded was 425% higher than normal. RIMM posted its FQ3 results and issued its FQ4 guidance significantly ahead of the Wall Street expectations.

Celgene Corporation (NASDAQ: CELG) shares surged 10.47% to $55.92. The volume of CELG shares traded so far in the day was 339% higher than normal. CELG’s late-stage study of flagship blood cancer drug Revlimid was terminated earlier than expected, as the trial showed positive results sooner than anticipated.

Ryanair Holdings plc (NASDAQ: RYAAY) shares moved up 5.10% to $26.79. The volume of RYAAY shares was 275% higher than normal. RYAAY ended talks with Boeing Co (NYSE: BA) about buying 200 737 model jets.

Oracle Corporation (NASDAQ: ORCL) shares rose 6.34% to $24.33. The volume of ORCL shares traded was 269% higher than normal. ORCL’s earnings for the latest quarter beat the consensus.

Arkansas Best Corporation (NASDAQ: ABFS) shares inched up 4.41% to $32.20. The volume of ABFS shares traded was 247% higher than normal. ABFS is involved in motor carrier freight transportation business in the US.

 

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