Cirrus Logic Shares Surge In Afternoon Session (CRUS)

Shares of Cirrus Logic CRUS are on the move this this afternoon pushing through intra day morning highs of 16.09 on heavy trading. CRUS is currently up 8% @ 16.31. Cirrus CCUS is a component maker for the Apple AAPL IPAD. Options traders focused on the 17.5 September calls, 1k have traded vs. open interest of 5k. 52wk Range: 4.51 - 21.20