Benzinga's Volume Movers

Harbin Electric Inc HRBN shares surged 53.20% to $12.85 at 10:22 am. The volume of HRBN shares traded was 1499% higher than normal. HRBN agreed to be acquired for $24 per share in cash by Tech Full Electric Company Limited, a Cayman Islands company wholly owned indirectly by Mr. Tianfu Yang, HRBN's Chairman and Chief Executive Officer, and Tech Full Electric Acquisition Inc. Texas Roadhouse Inc TXRH shares moved up 2.08% to $16.18. The volume of TXRH shares traded was 127% higher than normal. Texas Roadhouse will be presenting at the Jefferies 2011 Global Consumer Conference at the White Elephant Hotel in Nantucket, MA, on June 22. Universal Stainless & Alloy Products Inc USAP shares rose 6.38% to $38.20. The volume of USAP shares traded was 65% higher than normal. USAP agreed to buy Patriot Special Metals' assets for around $130 million. Perfect World Co Ltd PWRD shares gained 6.21% to $18.46. The volume of PWRD shares traded was 54% higher than normal. PWRD's PEG ratio is 0.75.