POINT ROBERTS - August 15, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Aug. 12, 2011. Clearwire Corporation was leading the gainers list gainer in Friday�s sessions as the stock moved over 20%.
Clearwire Corporation (Public, NASDAQ:CLWR) soared 0.32 (20.13%) to $1.91 on reports Members of Sprint Nextel's (NYSE:S) board expect the carrier to make a "substantial" new investment in Clearwire (NASDAQ:CLWR), according to a report in the Wall Street Journal, a move that would help clear up uncertainty over Clearwire's funding future.
Sky-mobi Limited (NasdaqGM: MOBI) rose 1.09 (20.57%) to $6.39 after the company expects RMB 164-167 million ($25.6-$26.1 million) in revenue for the first quarter, down from RMB180-190 million it had projected earlier.
It expects fiscal 2012 revenue of RMB 680-690 million. It had posted RMB675.3 million in revenue in fiscal year 2011.
MannKind Corporation (NasdaqGM: MNKD) increased 0.42 (17.72%) to $2.79 after the company the drugmaker confirmed with federal regulators the design of two key late-stage clinical trials for its inhaled insulin.
TranSwitch Corporation (NasdaqCM: TXCC) rose 0.41 (17.15%) to $2.80 after it announced that the Company's HDMI® 1.4 Intellectual Property (IP) with patented Phaswitch™ technology has been selected by Samsung Electronics for its next generation of televisions.
Under the agreement, Samsung Electronics will incorporate TranSwitch's HDMI® technology in next-generation video processors across its Visual Display product lines in 2013, including flat panel televisions.
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