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Corporate Summary

•    AMERIGROUP Corporation (NYSE:AGP) gained 38% after WellPoint, Inc. (NYSE:WLP) agreed to purchase the former for $4.46 billion. Subsequently, shares of WellPoint rose 3.4%

•    Shares of Advanced Micro Devices, Inc. (NYSE:AMD) lost 2.3% after it lowered its earnings forecast for the second quarter due to lower than expected channel sales in Europe and China

•    FTI Consulting, Inc. (NYSE:FCN) plunged 5.8% yesterday following late Friday’s news that it would reduce its workforce by 3% and combine some of its offices to reduce costs

•    Shares of FX Alliance Inc. (NYSE:FX) surged 39.9% after the company agreed to be acquired by Thomson Reuters Corporation (NYSE:TRI) for $625 million in cash

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

Company Symbol Price %Chg
TRIQUINT SE… TQNT 20.67 +6.52%
RF MICRO DE… RFMD 12.47 +6.04%
VASCO DATA… VDSI 14.77 +4.68%
STRATTEC SE… STRT 80.24 +3.00%
PATTERSON-U… PTEN 34.54 +2.98%