POINT ROBERTS - November 8, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Monday November 7th. Nasdaq gained 9.10 (0.34%) to 2,695.25, off day’s low of 2,649.06.
American Dental Partners, Inc. (NASDAQ:ADPI) was the top percentage gainer for the session closing higher 8.20 (79.00%) to $18.58 after the company has agreed to be taken private for $317 million by New York private-equity firm JLL Partners Inc. Earlier, ADPI reported net earnings of $2,679,000 for the third quarter of 2011 as compared with $2,715,000 for the third quarter of 2010. Diluted net earnings per share were $0.17 for the third quarter of 2011 as compared with $0.17 for the third quarter of 2010.
Jiayuan.com International Ltd (NASDAQ:DATE) climbed 1.82 (20.71%) to $10.61, rebounding from its recent lows. The stock has a 52-week range of $6.70-$16.12. Jiayuan.com International Ltd. is an online dating platform in China.
Telestone Technologies Corporation (NASDAQ:TSTC) closed with a gain of 1.16 (14.76%) to end the day at $9.02, extending its weekly gain to 50%. The stock has a 52-week range of $3.88-$15.48. The company has market capitalization of $111.25 million.
HMS Holdings Corp. (NASDAQ:HMSY) surged 3.60 (14.33%) to close at $28.73 and made a new 52-week high of $29.82. HMS Holdings Corp announced a definitive agreement to acquire privately held HealthDataInsights, Inc. (HDI) for approximately $400 million. The transaction is not contingent upon financing and is expected to close by December 31, 2011, subject to regulatory approvals.
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