Benzinga’s Volume Movers (NTAP, SPRD, VTNC, RYAAY)

NetApp Inc NTAP shares gained 16.65% to $37.83 by 12:05 pm. The volume of NTAP shares traded was 446% higher than normal. NTAP’s fiscal Q4 profit more than doubled, led by strong demand for data storage systems. Spreadtrum Communications Inc SPRD shares climbed 7.82% to $10.48 by 12:05 pm. The volume of SPRD shares traded was 212% higher than normal. SPRD’s March quarter earnings were 225% higher than anticipated. Vitran Corp VTNC shares jumped 4.33% to $13.99. The volume of VTNC shares traded was 188% higher than normal. Stifel Nicolaus upgraded VTNC from “hold” to “buy.” Ryanair Holdings plc RYAAY shares rose 2.86% to $23.34. The volume of RYAAY shares traded was 176% higher than normal. HSBC Securities initiated coverage of RYAAY with a “neutral” rating. Read more from Benzinga's Markets.