Wednesday, July 20, 2011

NASDAQ Top Gainers July 19th; IDCC, KNDI, HEV, CDT

POINT ROBERTS - July 20, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for July 19, 2011. InterDigital, Inc. was the big winner for investors, rising about 28.30% on Tuesday.
InterDigital, Inc. (NASDAQ:IDCC) was the biggest gaineron Nasdaq and soared 11.75 (28.31%) to $53.26 following its board was reviewing options including a sale of patents or the whole company. The company is a developer of wireless technology with a sizable patent portfolio.
Kandi Technolgies Corp. (NASDAQ:KNDI) also rose 0.47 (23.74%) to $2.45 after it has received authorization from its board of directors for a share repurchase program under which the Company may acquire up to $5 million of Kandi's outstanding common shares from time to time over the next 18 months.
Ener1, Inc. (NASDAQ:HEV) climbed 0.095 (10.56%) to $0.995 after The lithium-ion battery maker Ener1 and Wanxiang Electric Vehicle Co, a division of the Chinese conglomerate Wanxiang Group Corporation, have received approval from the Chinese government for their joint venture to co-manufacture lithium-ion energy storage systems for the China market.
Clean Diesel Technologies, Inc. (NASDAQ:CDTI) surged 0.60 (9.16%) to $7.15 after it has been chosen as a catalyst supplier to Fisker Automotive (Fisker). Clean Diesel is supplying catalysts utilizing its patented mixed phase catalyst (MPC) technology for the Karma, Fisker's new luxury sedan, which starts shipping to both European and U.S. retailers this month.
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