Benzinga's Volume Movers
- Rackspace Hosting, Inc. (NYSE: RAX) surged 4.2 percent to $31.45. The volume of Rackspace shares traded was 3208 percent higher than normal. Apollo Global Management LLC (NYSE: APO) announced plans to buy Rackspace in a deal valued at $4.3 billion.
- Bottomline Technologies (NASDAQ: EPAY) shares moved up 12.5 percent to $23.43. The volume of Bottomline Technologies traded was 589 percent higher than normal. Bottomline Technologies posted better-than-expected Q4 results.
- Horizon Global Corp (NYSE: HZN) shares climbed 3.7 percent to $18.54. The volume of Horizon Global shares traded was 438 percent higher than normal. DPE Deutsche Private Equity entered into a definitive agreement to sell Westfalia-Automotive and Terwa to Horizon Global.
- Autodesk, Inc. (NASDAQ: ADSK) shares rose 5.5 percent to $67.21. The volume of Autodesk shares traded was 267 percent higher than normal. Autodesk posted upbeat results for the second quarter and lifted its guidance for the year.
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