A Look at Yesterday's Momentum Movers: BSML, CHNR, ZLC, POZN & HANS
BriteSmile Inc. (NASDAQ: BSML) Down 11.2% today after yesterday's 20% pop higher when the company rejected the unsolicited proposal by Futuredontics, Inc., parent company of 1-800-DENTIST, to acquire the outstanding shares of BriteSmile for $2.00 per share in cash and $2.00 per share in Futuredontics common stock.
China Natural Resources (Nasdaq: CHNR) Down 14.6% today after yesterday's 5% move higher. Friday the stock move 35.8% higher after announcing that its new listing application for inclusion on The Nasdaq Capital Market has been approved.
Zale Corp. (NYSE: ZLC) Down 1% today after yesterday's 3.5% move higher when Signet Group plc (NYSE: SIG) confirmed that it has held preliminary discussions with Zale Corporation (NYSE: ZLC) regarding a possible merger.
Pozen, Inc. (NASDAQ: POZN) Flat today after yesterday's 11% jump higher as the stock bounces after dropping 60.5% Friday on an FDA approvable letter. In addition, HSBC upgraded the stock to Overweight.
Hansen Natural Corp. (Nasdaq: HANS) Down 4.5% today after yesterday's 5% move lower (note - stock moved higher in pre-market after announcing a 4-for-1 stock split, but ended lower)
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