Monday's NASDAQ Winners: ANDS, BEXP, SNDA, RMTR
POINT ROBERTS - October 18, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Monday October 17th. Markets were off once again on Euro woes with Nasdaq closing lower by -52.93 (-1.98%) at 2614.92.
Yes Virginia there is a Santa Clause... Anadys Pharmaceuticals, Inc. (NASDAQ:ANDS) was the top percentage gainer for the session closing higher 2.61, a whopping (250.96%) to $3.65 after the company reported it agreed to be acquired by Roche Holding AG for $3.70 a share. Anadys' board has recommended stockholders tender their shares and, if necessary, adopt the merger agreement. This news was of course followed by the usual barrage of law firm announcements questioning the deal for shareholders.
The stock is continuing its gains in morning trading for Tuesday's session.
Brigham Exploration Company (NASDAQ:BEXP) surged 6.39 (21.05%) to close at $6.75 after Statoil ASA said that it has agreed to buy the company for $4.4 billion.
Shana Interactive Entertainment Ltd ADR (NASDAQ:SNDA) closed with an impressive gain of 4.85 (14.49%) to end the day at $38.33 after Chairman Chen Tianqiao said he would buy all outstanding shares to take the company private.
Ramtron International (NASDAQ:RMTR) moved higher by 0.23 (11.68%) to $2.20, bouncing back from its recent low of $1.95. The stock has a 52-week range of $1.87-$4.17. The company has market capitalization of $63.48 million.
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