PetSmart (NASDAQ: PETM) shares moved up 12.21% to $67.11. The volume of PetSmart shares traded was 908% higher than normal. PetSmart surged on news that activist investor Barry Rosenstein had acquired a 9.9% stake and will seek a review of strategic alternatives.
PACCAR (NASDAQ: PCAR) shares rose 4.88% to $66.89. The volume of PACCAR shares traded was 243% higher than normal. PACCAR shares jumped following word of better-than-expected preliminary orders for a certain truck segment..
DTS (NASDAQ: DTSI) surged 3.64% to $20.23. The volume of DTS shares traded 148% higher than normal. DTS's PEG ratio is 0.76.
Lululemon Athletica (NASDAQ: LULU) shares climbed 3.02% to $42.65. The volume of Lululemon Athletica shares traded was 138% higher than normal. Dow Jones reported that the company's founder Dennis Wilson, is exploring options, including a potential sale of the company to private equity.
Posted-In: volume moversNews Intraday Update Markets Movers
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