Tuesday, October 04, 2011

Monday's NASDAQ Winners: IIN, PPDI, MDCO, HEV

POINT ROBERTS - October 4, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Monday October 03rd. Nasdaq ended lower by 79.57 (-3.29%) to 2,335.83.
Yes investors, there are still winners even on another dismal day of market retreat.
IntriCon Corporation (NASDAQ:IIN) was the top percentage gainer for the session closing higher by 1.07 (34.85%) to $4.14 after the company announced it has entered into a manufacturing agreement to become hi HealthInnovations' supplier of hearing aids.
Pharmaceutical Product Development (NASDAQ:PPDI) surged 6.62 (25.80%) to close at $32.28 after the company agreed to go private affiliates of Carlyle Group and Hellman & Friedman for $3.9 billion, payable in cash.
The Medicines Company (NASDAQ:MDCO) closed with an impressive gain of 1.72 (11.56%) to end the day at $16.60 after it announced launch of a new twelve hour formulation for Cleviprex® (clevidipine) Injectable Emulsion, which was approved by the U.S. Food and Drug Administration (FDA) in June 2011. The stock is continuing its gains in early morning trading.
Renewable energy stock, Ener1, Inc. (NASDAQ:HEV) continued to move higher and ended at $0.185, up 0.12 049(35.40%). The stock has more than doubled in the past couple of trading sessions on sharp bounce back from its lows.
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