Thursday's NASDAQ Top Gainers: HGIC, AMSC, EMCI, CDII

POINT ROBERTS - September 30, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Thursday September 29th. Nasdaq ended lower by - 10.82 (-0.43%) to 2,480.76.

Harleysville Group Inc. (NASDAQ:HGIC) was the top percentage gainer for the session closing higher by 27.44 (87.06%) to a new 52-week high $58.96 after Nationwide Mutual Insurance Co. Nationwide agreed to acquire the company for $60 per share in cash.
American Superconductor Corporation (NASDAQ:AMSC) surged 0.58 (14.95%) to close at $4.46, rebounding from its new 52-week low of $3.85 made earlier in the session. So far this year, the stock has slumped over 84%.
EMC Insurance Group Inc. (NASDAQ:EMCI) closed with an impressive gain of 2.27 (13.69%) to end the day at $18.85 following 10% fall in the past week. Analyst at Zacks Investment Research reiterated their “underperform” rating on the stock.
China Direct Industries, Inc. (NASDAQ:CDII) continued to move higher and ended at $1.00, up 0.12 (13.64%). China Direct Industries, Inc. insiders have bought a total of 219,000 shares in the open market between 9/21/2011-9/26/2011.
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