NASDAQ Top Percentage Gainers July 5th: TSTF, BLUD, CNIT, AXAS

POINT ROBERTS - July 6, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for July 05, 2011. Top gainer at the close; TeamStaff, Inc soared 34.14%.
U.S. Stocks continued trading in a narrow range on Tuesday after having solid gains during the last week. The Nasdaq Composite Index added 9.74 (0.35%) to 2,825.77 led by energy and technology stocks.

Trading close on top 4:
TeamStaff, Inc. (NASDAQ:TSTF) was the biggest winner with the stock gaining 34.14% to $1.33. This morning, the company said that its subsidiary, TeamStaff Government Solutions, has received an Indefinite-Delivery/Indefinite Quantity (ID/IQ) prime contract award from the Naval Surface Warfare Center, Dahlgren Division. This contract will allow TeamStaff to compete for prime Task Orders issued under SeaPort-e's Multiple Award Contract vehicle.
Immucor, Inc. (NASDAQ:BLUD) was another notable gaineron Nasdaq and soared 30.20% to $26.99 and made a new 52-week high of $27.18. This morning, the company said that it has been agreed to be acquired by private equity firm TPG Capital for $1.97 billion.
China Information Technology, Inc. (NASDAQ:CNIT) also rose 11.74% to $2. This morning, it announced that the Hunan Department of Health has qualified its proprietary digital hospital information systems (DHIS) for use throughout the entire province. The qualification effectively extends the Company's DHIS to the Hunan market, in addition to its current presence in the Guangdong, Guangxi and Hainan markets.
Abraxas Petroleum Corp. (NASDAQ:AXAS) surged 10.08% to $4.15, extending its last week gains after the San Antonio-based oil and natural-gas producer said it has offset production disruptions from flooding in the Williston Basin with recent production in the Bakken or Three Forks formation and expected performance of the Portilla and Twining wells.
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