Top stock gainers No.1: KNSY
Kensey Nash Corporation (KNSY), founded in 1984, headquartered in Exton, Pennsylvania, is a medical device company primarily focused in the field of regenerative products and technologies to help repair damaged or diseased tissues.
KNGY stock price jumped 32.26% after the company announced that its Board of Directors has unanimously approved has agreed to be acquired by Royal DSM (DSM) through a cash tender offer at a price of $38.50 per share in cash.
Top stock gainers No.2: KGJI
Kingold Jewelry, Inc.(KGJI), founded in 2002 and located in Wuhan City, China, is engaged in the business of designing, manufacturing and sale of gold jewelry. The company announced it will release its 2012 first quarter financial results on Wednesday, May 9, 2012.
KGJI stock price touched the intraday high of $2.07 during today’s trading session and finally closed at $2.06 with an increase of 23.35% compared with the previous day closing price. Over the past 52 weeks, the highest level of KGJI stock price was $2.24 per share while the lowest level was $0.88. KGJI stock price has accumulatively rose approximately 80.7% this year to date.
Top stock gainers No.3: VHC
VirnetX Holding Corporation (VHC) is engaged in the business of commercializing a portfolio of patents for securing real-time communications over the Internet. The company’s software and technology solutions provide the security platform required by next-generation Internet-based applications such as its GABRIEL Connection Technology which can enable users to create a communication link using secure domain names over wired or wireless (4G/LTE) networks.
VHC stock price soared 22.47% to close at $28.56 per share. VHC stock traded 5.319 million shares today much higher than the average daily volume of 0.8 million shares. VirnetX and Aastra signed a patent license agreement this morning, the former has agreed to license certain of its patents with respect to certain current and future IP-encrypted products to the latter.