Unusual 11 Mid-Day Movers 09/20: NUHC, RAE, INET, CHTP, ID, DLIA Higher; BNVID, PSTI, EMMS, HOOK, TIN Lower
Nu Horizons Electronics Corp. (Nasdaq: NUHC) 102.1% HIGHER; entered into an agreement to be acquired by Arrow Electronics (NYSE: ARW) for $13.35 per share, or $640 million total.
RAE Systems Inc. (AMEX: RAE) 50% HIGHER; announces that an affiliate of Battery Systems has offered $1.60 per common share of the company. Click here to see the full report.
Internet Brands (Nasdaq: INET) 44.6% HIGHER; agrees to be acquired by Hellman & Friedman for $13.35/share.
Chelsea Therapeutics (Nasdaq: CHTP) 20.0% HIGHER; announced that preliminary analyses of its Phase III NORTHERA Study 301 met its primary endpoint.
L-1 Identity Solutions (NYSE: ID) 19.8% HIGHER; agreed to be acquired by Safran for $12.00 per share in cash, or $1.1 billion. Including debt the sale price was $1.6 billion. Click here to see the full report.
dELIA*s (Nasdaq: DLIA) 18.8% HIGHER; shares have broken above the $2 resistance level today. The stock has not been over $2 since March of this year. Volume is very heavy today.
Bionovo (Nasdaq: BNVID) 14.4% LOWER; shares are falling sharply once again today, coming dangerously close to the heavily-watched $1 level. Notably, shares tumbled more than 16% on Friday of last week.
Pluristem Therapeutics, Inc. (Nasdaq: PSTI) 11.1% LOWER; pulling back a little today as investors take profit from a 25% run-up last Friday.
Emmis Communications Corp. (Nasdaq: EMMS) 8.6% LOWER;; getting below the $1.00 support level today on early selling action. Earlier in the month, JS Acquisition terminated their $2.40 per share offer for the company, and shares hven't recovered since. EMMS was trading in the $1.00 - $1.20 range prior to the announcement by JS Acquisition in May, so shares might just be getting back to that range.
Craft Brewers Alliance, Inc. (Nasdaq: HOOK) 8.0% LOWER; traders may be selling the stock today as shares were technically very overbought during last week's trading session. Shares are up as much as 278% since mid-May.
Temple-Inland Inc. (NYSE: TIN) 8.5% LOWER; trading lower today on news that the proposed price hike in August has been rescinded. Click here for more color.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers..
RAE Systems Inc. (AMEX: RAE) 50% HIGHER; announces that an affiliate of Battery Systems has offered $1.60 per common share of the company. Click here to see the full report.
Internet Brands (Nasdaq: INET) 44.6% HIGHER; agrees to be acquired by Hellman & Friedman for $13.35/share.
Chelsea Therapeutics (Nasdaq: CHTP) 20.0% HIGHER; announced that preliminary analyses of its Phase III NORTHERA Study 301 met its primary endpoint.
L-1 Identity Solutions (NYSE: ID) 19.8% HIGHER; agreed to be acquired by Safran for $12.00 per share in cash, or $1.1 billion. Including debt the sale price was $1.6 billion. Click here to see the full report.
dELIA*s (Nasdaq: DLIA) 18.8% HIGHER; shares have broken above the $2 resistance level today. The stock has not been over $2 since March of this year. Volume is very heavy today.
Bionovo (Nasdaq: BNVID) 14.4% LOWER; shares are falling sharply once again today, coming dangerously close to the heavily-watched $1 level. Notably, shares tumbled more than 16% on Friday of last week.
Pluristem Therapeutics, Inc. (Nasdaq: PSTI) 11.1% LOWER; pulling back a little today as investors take profit from a 25% run-up last Friday.
Emmis Communications Corp. (Nasdaq: EMMS) 8.6% LOWER;; getting below the $1.00 support level today on early selling action. Earlier in the month, JS Acquisition terminated their $2.40 per share offer for the company, and shares hven't recovered since. EMMS was trading in the $1.00 - $1.20 range prior to the announcement by JS Acquisition in May, so shares might just be getting back to that range.
Craft Brewers Alliance, Inc. (Nasdaq: HOOK) 8.0% LOWER; traders may be selling the stock today as shares were technically very overbought during last week's trading session. Shares are up as much as 278% since mid-May.
Temple-Inland Inc. (NYSE: TIN) 8.5% LOWER; trading lower today on news that the proposed price hike in August has been rescinded. Click here for more color.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers..
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