Benzinga’s Volume Movers (GIII, MORN, RADS, BCSI)

G-III Apparel Group Ltd GIII shares surged 17.90% to $28.46 at 12:02 pm. The volume of GIII shares traded was 815% higher than normal. GIII has reported Q2 profit unexpectedly and lifted its projections for the full year. Morningstar Inc MORN shares rose 1.43% to $41.03. The volume of MORN shares traded was 341% higher than normal. MORN’s trailing-twelve-month gross margin is 72.05%. Radiant Systems Inc RADS shares climbed 3.63% to $18.56. The volume of RADS shares traded was 330% higher than normal. RADS’ quarterly earnings surged 81.30% y/y. Blue Coat Systems Inc BCSI shares gained 13.06% to $21.29. The volume of BCSI shares traded was 306% higher than normal. Analyst Scott Zeller at Needham upgraded BCSI from “hold” to “buy” after the company yesterday named Mike Borman as its new CEO. Read more from Benzinga's Company news.