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Friday, November 18, 2011

Thursday's NASDAQ Gainers: RMBS, ZOLL, VIAS, AMCN

POINT ROBERTS - November 18, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Thursday November 17th. Nasdaq ended with a loss of 51.62 (-1.96%) to 2,587.99.
Rambus Inc. (NASDAQ:RMBS) was the biggest percentage gainer and bounced back $1.67 (23.49%) to $8.78 . The stock fell over 60% in the prior trading session after a California Superior Court jury announced a decision against the company.
ZOLL Medical Corporation (NASDAQ:ZOLL) added $8.18 (22.94%) to close at $43.84 after the company said that it earned 52 cents a share on revenue of $151.9 million, compared to a year ago profit of 33 cents a share on revenue of $120.4 million. The company projects to see 17 to 19 percent revenue growth in 2012.
Viasystems Group, Inc. (NASDAQ:VIAS) gained $3.27 (21.96%) to $18.16 after the company withdrew plans to offer 4 million shares to the public. ViaSystems, which had announced the offering last week, said there is too much volatility in the market right now, and that the company's stock is undervalued.
AirMedia Group Inc. (ADR) (NASDAQ:AMCN) climbed 0.40 (17.02%) to $2.75, rebounding from its recent fall. Airmedia Group Inc. is a holding company, which conduct operations through its subsidiaries, consolidated variable interest entities and the variable interest entities' subsidiaries in the People's Republic of China.
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