Benzinga's Volume Movers (SFLY, OTEX, SGI, CELL)

Shutterfly Inc SFLY shares moved up 14.16% to $39.17 at 10:45 am. The volume of SFLY shares traded was 1346% higher than normal. SFLY reported upbeat Q4 profit. Open Text Corporation OTEX shares rose 12.01% to $56.90. The volume of OTEX shares traded was 1246% higher than normal. Analysts at RBC Capital upgraded OTEX from "sector perform" to "outperform.” OTEX announced its plans to buy Metastorm for $182 million. Silicon Graphics International SGI shares climbed 24.68% to $13.59. The volume of SGI shares traded was 950% higher than normal. SGI swung to profit in the December quarter and raised its revenue projections for the year. Brightpoint Inc CELL shares gained 27.21% to $12.11. The volume of CELL shares traded was 674% higher than normal. CELL issued upbeat 2011 guidance. Read more from Benzinga's Markets.