Courtesy of Benzinga.
- China Petroleum & Chemical Corp (ADR) (NYSE: SNP) surged 1.7 percent to $70.84. The volume of China Petroleum & Chemical shares traded was 704 percent higher than normal. China Petroleum shares have surged 12.62 percent over the past 52 weeks, while the S&P 500 index has gained 6.39 percent in the same period.
- Time Inc (NYSE: TIME) shares moved up 16.5 percent to $15.85. The volume of Time traded was 616 percent higher than normal. Time rejected an $18 per share bid from Edgar Bronfman Jr., the New York Post reported.
- Cognizant Technology Solutions Corp (NASDAQ: CTSH) shares gained 8.9 percent to $57.98. The volume of Cognizant shares traded was 397 percent higher than normal. Elliott issued a letter to Cognizant outlining value-enhancement plan.
- Health Insurance Innovations Inc (NASDAQ: HIIQ) shares rose 13.6 percent to $12.77. The volume of Health Insurance shares traded was 217 percent higher than normal. Health Insurance shares have jumped 107.56 percent over the past 52 weeks, while the S&P 500 index has gained 6.39 percent in the same period.
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