- Momo Inc (ADR) (NASDAQ: MOMO) surged 13.3 percent to $19.62. The volume of Momo shares traded was 773 percent higher than normal. Momo shares have climbed 40.85 percent over the past 52 weeks, while the S&P 500 index has gained 15.29 percent in the same period.
- Best Buy Co Inc (NYSE: BBY) shares moved up 15.8 percent to $37.97. The volume of Best Buy traded was 769 percent higher than normal. Best Buy reported stronger-than-expected results for its second quarter on Tuesday.
- Shoe Carnival, Inc. (NASDAQ: SCVL) shares climbed 6.6 percent to $29.33. The volume of Shoe Carnival shares traded was 666 percent higher than normal. Shoe Carnival will replace Sagent Pharmaceuticals Inc (NASDAQ: SGNT) in the S&P SmallCap 600 after the close of trading on August 26.
- Chemical Financial Corporation (NASDAQ: CHFC) shares rose 0.9 percent to $45.85. The volume of Chemical Financial shares traded was 462 percent higher than normal. Chemical Financial will replace SUPERVALU INC. (NYSE: SVU) in the S&P MidCap 400 after the close of trading on August 31.
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