Tuesday, July 12, 2011

NASDAQ Top Movers; KNDI, YRCW, JVA, PSTI

POINT ROBERTS - July 12, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for July 11, 2011. Kandi Technolgies Corp. (NASDAQ:KNDI) soared 19.68% to $2.19 after the company said that it has signed an agreement with Hangzhou Electric Vehicle Service Co. to work with it on a municipal government electric-vehicle pilot program.
YRC Worldwide Inc. (NASDAQ:YRCW) also rose 11.30% to $1.28 after TNFINC, along with lenders and YRCW, has approved final terms for an asset-based lending facility, which will provide part of the necessary ongoing operational liquidity for the company. The placement of this facility is a key component of the restructuring and pre-condition to closing the transaction.
Coffee Holding Co., Inc. (NASDAQ:JVA) continued to move higher and rose 9.72% after surging 19.69% on Friday with the recent increase in Dunkin' Donuts IPO price, as reported by Bloomberg a few sessions ago.
Pluristem Therapeutics Inc. (NASDAQ:PSTI) climbed 9.61% to $3.65 after Swedish doctors were able to replace the trachea of a patient with advanced cancer using stem cells. The stem cells were created by Pluristem Therapeutics. Shares of Pluristem were trading at $3.60, gaining 8.11 percent on Monday.
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