NASDAQ Top Percentage Gainers: CLUB, AXTI, DVAX, GMCR

POINT ROBERTS, July 29, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for July 28, 2011. On Thursday, Town Sports International was in spotlight as the stock climbed 24.25%.

Town Sports International Holdings, Inc. (NASDAQ:CLUB) was the biggest gaineron Nasdaq and soared $1.85 (24.25%) to $9.48 and made a new 52-week high of $9.88. The company reported 16 cents a share with revenue growing 0.70% to $118.285 million in second quarter.
AXT, Inc. (NASDAQ:AXTI) climbed $1.49 (20.55%) to $8.74. Analysts at Needham & Company upgraded shares of AXT, Inc. (NASDAQ: AXTI) from a "hold" rating to a "buy" rating in a research note to investors and has an $11.00 price target on the stock.
Dynavax Technologies Corporation (NASDAQ:DVAX) gained $0.41 (16.87%) to $2.84 after it disclosed the U.S. Food and Drug Administration agreed with the biopharmaceutical company's clinical findings related to a vaccine for adult hepatitis B.
Dynavax said the FDA found that while the manufactured lots of heplisav didn't meet pre-specified time point of four weeks post the last dose, it met the eight week criteria, as well as several other time points.
Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) moved $14.46 (16.41%) to $102.57 and made an all-time high of $107.27. The company said that it had a profit of $56.3 million, or 37 cents a share, compared to a year ago profit of $18.4 million, or 13 cents a share, a year earlier. On an adjusted basis, the company earned 49 cents a share, topping analysts’ estimates by 12 cents a share.
Revenue 126.50% to $717.21 million from $316.58 million in the year-ago quarter, ahead of analysts’ estimates of $606.76 million.
Gross margin also improved to 36.8% from 34.4%.
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