Benzinga's Volume Movers

California Pizza Kitchen Inc CPKI shares surged 9.93% to $18.37 at 10:13 am. The volume of CPKI shares traded was 30134% higher than normal. CPKI agreed to sell itself to private equity firm Golden Gate Capital for about $470 million. Inter Parfums Inc IPAR shares moved up 5.04% to $21.69. The volume of IPAR shares traded was 377% higher than normal. IPAR will replace Triumph Group Inc TGI in the S&P SmallCap 600 index after the close of trading on May 31. Avago Technologies Limited AVGO shares rose 5.49% to $33.45. The volume of AVGO shares traded was 253% higher than normal. AVGO reported upbeat results for its fiscal second quarter and issued an upbeat forecast. Focus Media Holding Limited FMCN shares gained 2.72% to $32.46. The volume of FMCN shares traded was 71% higher than normal. FMCN posted its Q1 earnings at $20.5 million, versus a year-ago loss. Read more from Benzinga's Markets.
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