Benzinga’s Volume Movers (ADTN, IGTE, ASML, INTC)

ADTRAN Inc ADTN shares gained 7.31% to $30.97 at 1:27 pm. The volume of ADTN shares traded was 616% higher than normal. ADTN profits rose by 47% due to increased sales of its networking equipment. The company’s board of directors has also approved a Q2 cash dividend of $0.09 per share. iGATE Corporation IGTE shares jumped 13.69% to $16.11. The volume of IGTE shares traded was 372% higher than normal. IGTE has reported a sharp rise in its Q2 earnings. ASML Holding NV ASML shares gained 4.42% to $35.40. The volume of ASML shares traded was 239% higher than normal. ASML has raised its sales outlook by at least 10% for the year 2010. Intel Corporation INTC shares moved up 3.14% to $16.74. The volume of INTC shares traded was 178% higher than normal. INTC’s impressive Q2 results are driving the US market up. Read more from Benzinga's Company news.