NEW YORK ( TheStreet) -- Several stocks trading near $5 were moving on above-average volume during Monday's session.

Palm ( PALM) jumped by 14 cents, or 3.4%, to $4.14 after the company said its webOS smartphones, including the Pre Plus and Pixi Plus, will be available for AT&T ( T) customers. The stock had been as low as $3.65 earlier in the session. Volume topped 35.77 million shares, compared to the 50-day average daily volume of 21.2 million, according to the Nasdaq.

CTI Industries ( CTIB) rallied by 47 cents, or 17.4%, to $3.17 after the novelty products maker posted a fourth-quarter profit of 11 cents a share, narrowly edging the single analyst estimate, which called for earnings of 9 cents a share in the quarter. Volume topped 37,000 shares, compared to the 50-day average daily volume of 4,500.

BankAtlantic Bancorp ( BBX) jumped on continued takeover chatter. The stock was lately up 32 cents, or 18.3%, to $2.07, bringing its year-to-date surge to nearly 60%. BankAtlantic is speculated to be a target for Barclays ( BCS), Toronto Dominion ( TD) or Royal Bank of Canada ( RY), which are all seeking a bigger footprint in the U.S. Volume topped 3.11 million shares, compared to the three-month average daily volume of 880,000, according to Yahoo! Finance.

Rexahn Pharmaceuticals ( RNN) gained 25 cents, or 17.7%, to $1.66 after the company announced the formation of its Parkinson's Disease Scientific Advisory Board (SAB), which will collaborate with Rexahn on the clinical development strategy for its drug candidate, Serdaxin, a therapeutic for Parkinson's disease. Volume topped 3.54 million shares, compared to the three-month average daily volume of 1.11 million.

-- Written by Robert Holmes in Boston.

Check out all of Monday's high-volume, under-$5 stocks at the Dollar Store

Follow Robert Holmes on Twitter and become a fan of TheStreet.com on Facebook.

If you liked this article you might like

Two Pair Trades for Absolute Returns

Two Pair Trades for Absolute Returns

5 Verizon iPhone Alternatives

5 Verizon iPhone Alternatives

Droid Pro Underlines Google Android's Power

Droid Pro Underlines Google Android's Power

What's an iOS? Smartphone Users Don't Know

What's an iOS? Smartphone Users Don't Know

Apple's iPhone Is Smartest Smartphone, Poll Says

Apple's iPhone Is Smartest Smartphone, Poll Says