Unusual 11 Mid-Day Movers: MTCT, GA, SOLF Higher; CWCO, FCEL, FMD Lower
MTC Technologies, Inc. (Nasdaq: MTCT) 32% HIGHER; signed a definitive merger agreement to be acquired by BAE Systems, Inc. The transaction, which is valued at approximately $450 million, includes the purchase of all the outstanding shares of MTCT for a cash price of $24.00 per share plus the assumption of debt.
Shares of Consolidated Water (Nasdaq: CWCO) 23% LOWER; are under pressure this morning following a negative article from Barron's this weekend.
Pharmacyclics (Nasdaq: PCYC) 23% LOWER; had its lead drug candidate, Xcytrin, rejected by the FDA, which said the drug was not approvable.
Evolving Systems (Nasdaq: EVOL) 20% HIGHER; is surging today despite no recent news. Shares of Evolving Systems have traded more than 600,000 times already today, much higher than its average daily volume of 87,000 shares.
Giant Interactive Group Inc. (NYSE: GA) 18% HIGHER; announced a US$200.0 million stock repurchase program.
Subscribe to StreetInsider Now & Get the News Before The Market Moves!
FuelCell Energy Inc. (Nasdaq: FCEL) 17% LOWER; the Connecticut Department of Utility Control issued its draft decision approving 16.2MW of projects incorporating six of the company's DFC3000 fuel cells. Shares of FuelCell have fallen on the news as the contract is for an amount that was smaller than previously expected.
Sinovac Biotech Ltd. (Amex: SVA) 16% HIGHER; announced positive top-line results of completed Phase II clinical trial of its pandemic influenza (H5N1) whole viron inactivated vaccine.
Great Basin Gold (AMEX: GBN) 14% HIGHER; is feeling a correction today after a sell-off occurred late in the trading session on Friday.
Solarfun Power Holdings (Nasdaq: SOLF) 12% HIGHER; is moving higher with much of the solar industry, however, Solarfun is clearly leading the way, but has no fresh news items driving the stock.
Palomar Medical Technologies (Nasdaq: PMTI) 10% LOWER; is in talk with Gillette in order to extend a product development agreement deal for an at-home hair removal system from women.
First Marblehead Corp. (NYSE: FMD) 11% LOWER; is feeling a correction after Friday's 66% run-up.
Subscribe to EasyStockAlerts and be the first to get market-breaking news!
Shares of Consolidated Water (Nasdaq: CWCO) 23% LOWER; are under pressure this morning following a negative article from Barron's this weekend.
Pharmacyclics (Nasdaq: PCYC) 23% LOWER; had its lead drug candidate, Xcytrin, rejected by the FDA, which said the drug was not approvable.
Evolving Systems (Nasdaq: EVOL) 20% HIGHER; is surging today despite no recent news. Shares of Evolving Systems have traded more than 600,000 times already today, much higher than its average daily volume of 87,000 shares.
Giant Interactive Group Inc. (NYSE: GA) 18% HIGHER; announced a US$200.0 million stock repurchase program.
Subscribe to StreetInsider Now & Get the News Before The Market Moves!
FuelCell Energy Inc. (Nasdaq: FCEL) 17% LOWER; the Connecticut Department of Utility Control issued its draft decision approving 16.2MW of projects incorporating six of the company's DFC3000 fuel cells. Shares of FuelCell have fallen on the news as the contract is for an amount that was smaller than previously expected.
Sinovac Biotech Ltd. (Amex: SVA) 16% HIGHER; announced positive top-line results of completed Phase II clinical trial of its pandemic influenza (H5N1) whole viron inactivated vaccine.
Great Basin Gold (AMEX: GBN) 14% HIGHER; is feeling a correction today after a sell-off occurred late in the trading session on Friday.
Solarfun Power Holdings (Nasdaq: SOLF) 12% HIGHER; is moving higher with much of the solar industry, however, Solarfun is clearly leading the way, but has no fresh news items driving the stock.
Palomar Medical Technologies (Nasdaq: PMTI) 10% LOWER; is in talk with Gillette in order to extend a product development agreement deal for an at-home hair removal system from women.
First Marblehead Corp. (NYSE: FMD) 11% LOWER; is feeling a correction after Friday's 66% run-up.
Subscribe to EasyStockAlerts and be the first to get market-breaking news!
You May Also Be Interested In
- Top 10 News Items 5/21-5/25: Eurozone Fears Remain, But Stocks Charge Higher; Facebook Continues to Be Sold; HP Investors Cheer Q2 Results
- Notable ETF Movers of the Day 05/24: (EPI) (SLV) (VXX) Higher; (UNG) (FXI) Lower
- Trading Radar for 05/25: Mentor Graphics (MENT), Tsakos Energy (TNP) Report
Create E-mail Alert Related Categories
Special ReportsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
