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•    Shares of Marvell Technology Group Ltd. (NASDAQ:MRVL) rose more than 5% when KKR & Co. L.P. (NYSE:KKR) announced it has a stake of 6.8% in Marvell Technology Group

•    Shares of Hertz Global Holdings, Inc. (NYSE:HTZ) increased 9%, following an announcement by the company that it has in initiated a shareholder rights plan for a full year in response to "unusual and substantial activity" in the company’s shares

•    Shares of UniPixel Inc (NASDAQ:UNXL) declined nearly 15%, after the company said its chief operating officer, Seong “Peter” Shin has resigned, twenty-four hours after the resignation of CEO Reed Killion

•    Berkshire Hathaway Inc. (NYSE:BRK.B) will swap Phillips 66 (NYSE:PSX) shares amounting to $1.4 billion in exchange for complete ownership of Phillips 66’s pipeline services business
 

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Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GRP IN DXYN 15.84 +7.90%
BOFI HLDG IN BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%