Tuesday's NASDAQ Top Gainers; VELT, MEMS, DEPO, PANL

POINT ROBERTS - September 14, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Tuesday September 13th. Technology stocks were the top performers with the Nasdaq closing up +37.06 (1.49%) to 2,532.15.

Velti Plc (NASDAQ:VELT) was the top percentage gainer for the session closing higher by+1.29 (18.94%) to $8.10, after hitting day's high of $8.31. The stock showed heavy buying following a 17% correction in the past one week. The stock is now up 1.50% over the past week.
The company is a provider of mobile marketing and advertising technology and solutions.
MEMSIC, INC. (NASDAQ:MEMS) gained as much as 0.39 (16.32%) to closed at $2.78 after hitting day's low of $2.39. More than 12.54K share traded hands during the session. The stock rebounded from its recent fall, but is still down 12% for this year. The stock has a 52-week range of $2.17-$3.90. The company provides advanced semiconductor sensors and multi-sensor system solutions based on micro-electromechanical systems (MEMS) technology and sophisticated integration technologies in both the IC level and module level.
Pharmaceutical company, DepoMed, Inc. (NASDAQ:DEPO) closed with a gain of 0.68 (12.04%) to end the day at $6.33 following an 8% fall in the previous three trading sessions. However, the stock is still down 2% so far this year. The stock has 52-week range of $3.85-$10.40.
Universal Display Corporation (NASDAQ:PANL) ended at $57.21, up 5.98 (11.67%) after CNBC published a report saying that the displays used in Samsung's mobile products, which are made under agreements with Universal Display, are quickly becoming the industry standard. S&P does not currently have a STARS rating for PANL.
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