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Monday, December 05, 2011

Friday's NASDAQ Winners: FSGI, MITL, ZUMZ, PATK

POINT ROBERTS - December 5, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Friday December 2nd. NASDAQ added 0.73 (0.03%) to close at 2,626.93.
First Security Group Inc (NASDAQ:FSGI) was the biggest percentage winner and soared 1.02 (90.43%) to end at $2.15, rebounding from its 52-week low made recently. First Security Group, Inc. (First Security) is a bank holding company. It operates 39 full-service banking offices and one loan and lease production office through its wholly owned bank subsidiary, FSGBank, National Association (FSGBank).
Mitel Networks Corporation (NASDAQ:MITL) shares gained 0.79 (28.83%) to finish at $3.53 after the company posted strong second quarter earnings late Thursday stating it earned $13.3 million, or $0.24 per share on revenue of $168.8 million, compared to a year ago profit of $9.1 million, or $0.16 a share on revenue of $161.1 million. The stock is still down over 39% for the current year.
Zumiez Inc. (NASDAQ:ZUMZ) increased by 5.62 (24.05%) to close at $28.99 after the retailer reported fiscal third-quarter earnings and a fourth-quarter outlook that topped Wall Street's expectations.
Patrick Industries, Inc. (NASDAQ:PATK) also jumped 0.58 (21.32%) to end at $3.30, extending its weekly rise to 32%. Patrick Industries, Inc. (Patrick) is a manufacturer and distributor of building products and materials to the recreational vehicle (RV) and manufactured housing (MH) industries.
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