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Wednesday, November 23, 2011

Tuesday's NASDAQ Top Percentage Winners: WCAA, FMCN, BRCD, CSIQ

POINT ROBERTS - November 23, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Tuesday November 22nd. NASDAQ closed almost flat with a loss of 1.86 (-0.07%) at 2,521.28.
WCA Waste Corporation (NASDAQ:WCAA) was the biggest percentage gainer, gaining $0 .74 (18.41%) to close at $4.76. The stock has a 52-week range of $3.01-$6.27. WCA Waste Corporation (WCA Waste) is a vertically integrated, non-hazardous solid waste management company providing non-hazardous solid waste collection, transfer, processing, and disposal services in the south and central regions of the United States.
Focus Media Holding Limited (ADR) (NASDAQ:FMCN) added 2.27 (14.71%) to end at $17.70, rebounding from its recent losses as it denied a report that it had overstated the size of its advertising network.
Brocade Communications Systems, Inc. (NASDAQ:BRCD) gained 0.59 (13.17%) to finish at $5.07 after the company said that it earned 16 cents a share on revenue of $550 million in its fourth quarter. The company said it expects revenue in a range of $530 million to $550 million in its fiscal first quarter. That compares to estimates of $541 million from analysts in a Bloomberg survey.
Canadian Solar Inc. (NASDAQ:CSIQ climbed 0.28 (12.73%) to end at $2.48, rebounding from its 52-week low of $2.07. The company swung to a third-quarter net loss from a year-earlier profit on 32% higher revenue. The net loss was US$43.9 million, or $1.02 a share, compared with net income of $20.3 million, or 47 cents, in the year-earlier period. Revenue reached $499.6 million from $377.2 million.
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