Friday, September 16, 2011

Thursday's NASDAQ Top Gainers: TSPT, FNDT, STRC, EVBS

POINT ROBERTS - September 16, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Thursday September 15th. Nasdaq closed higher for the fourth consecutive days and added +34.52 (1.34%) to close at 2,607.07.
Transcept Pharmaceuticals, Inc. (NASDAQ:TSPT) was the top percentage gainer for the session closing higher by 2.66 (79.64%) to $6.00, following the company announced that it is planning to file to the Food and Drug Administration a new drug application for its candidate known as Intermezzo, for treat of insomnia.
Fundtech Ltd. (NASDAQ:FNDT) surged +5.62 (32.00%) to close at $23.18 and made a new 52-wek high of $23.27 after the company said that the bid from private-equity company GTCR outbid the bid made by S1 Corp.
SRI/Surgical Express, Inc. (NASDAQ:STRC) closed with a whopping gain of +0.80 (25.40%) to end the day at $3.95 following the company announced that its Board of Directors will conduct an open process to explore and evaluate strategic alternatives for SRI Surgical to enhance shareholder value, including a possible strategic alliance, merger or sale of SRI Surgical.
Eastern Virginia Bankshares, Inc. (NASDAQ:EVBS) ended at $2.75, up 0.55 (25.00%) on no news. So far this year, the stock is still down about 27%. It has a 52-week range of $1.50-$5.40. Yesterday, more than 15K shares exchanged hands - 3X its average volume.
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