Six NASDAQ Gainers Improve Share Value On News (PLXT, IPSU, SPWR, SPAR, AEIS, CETV)
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PLX Technology, Inc. (NASDAQ: PLXT) Integrated Device Technology Inc. and PLX Technology, Inc. announced that they have signed a definitive agreement pursuant to which IDT will acquire PLX. The stock has jumped a staggering $2.67 (67.06%) bringing the intraday trade price up to $6.64 with close to 4million shares exchanged. Can PLXT continue its uptrend support? Stick around.
Imperial Sugar Company (NASDAQ: IPSU) Imperial Sugar Co and Louis Dreyfus Commodities LLC announced a definitive agreement under which a subsidiary of Louis Dreyfus Commodities LLC will acquire Imperial Sugar through a cash tender. The stock has moved up $2.32 (57.41%) bringing the intraday trade price up to $6.37 with close to 5.5million shares exchanged. Stick around.
SunPower Corporation (NASDAQ: SPWR) SPWR just received an order to compete 40 SunPower solar power systems in schools and facilities. Given the news, the stock has moved up $.69 (12.30%) bringing the intraday trade price up to $6.30 with close to 2.3million shares exchanged. Can SPWR continue to move for an uptrend? Stick around.
Spartan Motors Inc (NASDAQ: SPAR) SPAR announced improved earnings by 25% as investors are pleased with the news and have accumulated shares. The stock has gained $.70 (16.09%) bringing the intraday trade price up to $5.04 with close to 171,000 shares exchanged. Can SPAR move higher with increased support? Stick around.
Advanced Energy Industries, Inc. (NASDAQ: AEIS) AEIS announced improved earnings as investors move in to the stock due to the news. The stock has gained $1.55 (12.98%) bringing the intraday trade price up to $13.48 with close to 1million shares exchanged. Can AEIS continue to move higher on increased support? Stick around.
Central European Media Enterprises Ltd. (NASDAQ: CETV) announced today that it has commenced a tender offer for $129,700,000 of its outstanding 3.50% Senior Convertible Notes due 2013. The stock has moved up $.88 (11.13%) pushing the intraday trade price up to $8.79 with close to 2million shares exchanged. Can CETV continue to move higher on increased support? Stick around.
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