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Monday, November 28, 2011

Friday's NASDAQ Winners: POZN, AMCF, WWIN, SPRD

POINT ROBERTS - November 28, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Friday November 25th. NASDAQ closed with a loss of 18.57 (-0.75%) to 2,441.51. In Monday morning markets, US stocks are up sharply following Black Friday retail results.
POZEN Inc. (NASDAQ:POZN) was the top percentage winner and soared 1.12 (44.80%) to end at $3.62 after the company's news it entered into an accord with Canada's CPPIB Credit Investments (CII) to sell the company's right to receive future royalty payments arising from US sales of MT 400, including migraine drug Treximet, (sumatriptan/naproxen sodium) which incorporates the US company's MT 400 technology.
Andatee China Marine Fuel Services Corporation (NASDAQ:AMCF) surged 0.39 (11.34%) to close at $3.83 after Andatee China Marine said its chief executive aims to acquire all of the outstanding shares of Andatee that he doesn't already own in a tender offer that values the company at roughly $41.3 million.
Winner Medical Group, Inc (NASDAQ:WWIN) increased by 0.23 (7.21%) to finish a t $3.42. The company announced that it will release financial results for its fourth quarter and fiscal 2011 on Wednesday, November 30, 2011, before the market opens.
Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) also jumped 1.58 (6.82%) to end at $24.75. Spreadtrum Communications, Inc. is a fabless semiconductor company that designs, develops and markets baseband processor, radio frequency (RF) transceiver and turnkey solutions for the wireless communications and mobile television market.
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