Virage Logic Corporation VIRL shares jumped 26.04% to $11.81 at 12:18 pm. The volume of VIRL shares traded was 12206% higher than normal. Chip design software maker Synopsys Inc SNPS has agreed to buy VIRL in a deal valued at about $315 million
ARM Holdings plc ARMH shares climbed 6.49% to $12.47. The volume of ARMH shares traded was 433% higher than normal. Markets are speculating that Apple AAPL would bid for ARMH.
Eclipsys Corporation ECLP shares jumped 3.42% to $19.67. The volume of ECLP shares traded was 317% higher than normal. Robbins Umeda LLP has started investigating the acquisition of Eclipsys Corporation by Allscripts-Misys Healthcare Solutions Inc.
Lululemon Athletica Inc LULU shares rose 4.45% to $40.84. The volume of LULU shares traded was 262% higher than normal. LULU has posted better-than-expected Q1 earnings and raised outlook for Q2 and full year.
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