Wednesday, September 28, 2011

Tuesday's NASDAQ Winners: CFRN, QTWW, UNTK, RIMM

POINT ROBERTS - September 28, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Tuesday September 27th. Nasdaq jumped for the fourth consecutive day and ended higher by +30.14(+1.20%) to 2546.83.
Crescent Financial Corporation (NASDAQ:CRFN) was the top percentage gainer for the session closing higher by 0.39 (16.22%) to $2.80 after falling about 35% in the past week. The stock recently made a new 52-week low of $2.00. The stock is still up over 19% so far this year. The stock has a 52-week range of $2-$4.25.
Renewable energy stock, Quantum Fuel Systems Technologies (NASDAQ:QTWW) surged 0.33 (15.28%) to close at $2.49 on no major news. The stock is probably gaining after a steep decline of over 25% in the past one week. Volume was heavy with more than 172 shares traded. Last week, the stock made a new 52-week low of $2.05. Quantumis a leader in the development and production of hybrid propulsion systems, energy storage technologies, and alternative fuel vehicles.
UniTek Global Services Inc. (NASDAQ:UNTK) closed with a gain of 0.70 (15.02%) to end the day at $5.36 analyst at Wunderlich started coverage on the stock with a “Buy” rating and set a price target of $9.
Research In Motion Limited (NASDAQ:RIMM) ended at $22.65, up 0.97 (4.47%) on rumors that billionaire investor Carl Icahn has bought a stake in the company. So far this year, the stock has slumped over 61%. It has a 52-week range of $20.41-$70.54.
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