Friday, October 07, 2011

Thursday’s NASDAQ Winners: VTNC, GTIV, OPTT, DRYS

Vitran  (NASDAQ:VTNC) Moves  21.82%

POINT ROBERTS, October 07, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Tuesday October 06th. Nasdaq closed higher by 183.38 (1.68%) at 2,506.82.

Vitran Corporation, (NASDAQ:VTNC) was the top percentage gainer for the session closing higher by 0.84 (21.82%) to $.69, bouncing  back from its 52-week low of $3.66 made earlier this week. Volume was high with more than 327K shares traded hands.

Gentiva Health Services (NASDAQ:GTIV) surged 0.59 (18.85%) to close at $3.72.Analayst at BB&T Capital Mkts downgraded the stock to Hold from Buy. The stock has a 52-week range of $2.81-$29.21.

Ocean Power Technologies (NASDAQ:OPTT) closed with an impressive gain of 0.54 (17.94%) to end the day at $3.55, extending its weeklong rally. The stock has jumped over 52% from its 52-week low of $2.33 made on Monday.

DryShips (NASDAQ:DRYS) moved higher by 0.30 (14.35%) to $2.39. As per Reuters, DryShips Inc (DRYS.O) could look at selling its majority-owned Ocean Rig (ORIG.O) oil drilling unit, and will delay an initial public offering of its tanker business.


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