Microvision Inc. (MVIS) saw its share price skyrocketing 110.7% or $1.36, to finish at $2.59 per share on Tuesday with a volume of 3.65 million shares versus the average daily volume of 220,550 shares, making it the first of the top stock gainers today. Over the past 52 weeks, Microvision stock price traded between $1.11 and $12.40 and the current stock price is 79.11% off the top. On May 23, MicroVision announced to that it has closed a $5 million financing with private investors. The company collected approximately $5 million from the sale of approximately 3.34 million common shares and warrants to buy aggregately 1 million common shares at an exercise price of $2.12 per share.
BancTrust Financial Group, Inc. (BTFG) had a big day today, with a whopping increase of 56.84%, or $1.08 in its stock price, and a volume of 0.91 million shares versus an average daily volume of 12,888 shares. Over the past 52 weeks, BTFG stock price traded between $1.13 and $3.01 per share and the last closing price of $2.98 is very close to the peak. Trustmark Corporation and BancTrust Financial Group, Inc. announced a merger agreement on Tuesday, pursuant to which the former is buying the latter for $55.4 million. BancTrust stock is valued at $3.08 per share, representing a 62% premium to BancTrust’s closing price of $1.90 on Friday.
LeCroy Corp. (LCRY) shares reported at $14.20, with an advance of 55.36%, or $5.06 and a volume of 13.44 million shares versus the average daily volume of 66,151 shares. LeCroy stock price traded as high as $14.33, which was also the 52 week new high. Teledyne Technologies Inc and LeCroy Corp on Tuesday jointly announced that they have agreed a merger plan, pursuant to which the former will buy the latter for $291 million. LeCroy stock is valued at $14.30 per share.
Following LeCroy, another M&A beneficiary Interline Brands Inc. (IBI) is ranked the number-four top stock gainer on Tuesday. IBI shares jumped 39.80%, or 7.14%, to end at $25.08. Over the past 52 weeks, Interline Brands stock traded as high as $22.57 and the current stock price is almost close to the peak. Interline Brands on Tuesday announced to agree to be acquired by Capital Partners and P2 Capital Partners for $25.50 per share in cash.
Mannatech Inc. (MTEX) came to the fifth of the top stock gainers with a gain of 34.33%, or $1.15 per share and a volume of 42,138 versus the average daily volume of 5,953 per share. Over the past 52 week, MTEX shares traded as high as $13.29 and the last closing price of $4.50 is 66.14% off the peak. On May 21, 2012, the company said that it had recently launched a new website, ChooseReal.com, to serve as a helpful resource for anyone interested in the growing benefits of nutrition from real food sources.