Monday NASDAQ TOP Percentage Winners: MELA, ZN, WWON

POINT ROBERTS - September 27, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Monday September 26th. Nasdaq closed higher by +33.46 (1.35%) to 2,516.69.

MELA Sciences, Inc. (NASDAQ:MELA) was the top percentage gainer for the session closing higher by 1.75 (55.03%) to $4.93 after it announced that the U.S. Food and Drug Administration (FDA) issued an Approvable Letter for the MelaFind® Pre-Market Approval (PMA) application. The company intends to work with the agency to finalize the physician and patient labeling, package insert, user's guide, training program and clinical protocol for a post-approval study in order to obtain final approval.
Zion Oil & Gas, Inc. (NASDAQ:ZN) surged 0.72 (43.11%) to close at $2.39 on no major news. The stock is probably gaining after a steep decline of over 45% in the month of September. Volume was heavy with more than 1.19 million shares traded, compared to its average volume of 232K shares.
Westwood One, Inc. (NASDAQ:WWON) closed with a gain of 0.72 (19.41%)to end the day at $4.43 following a 13% fall in the previous trading session. The stock is still down over 27% so far this month.
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