The Phoenix Companies, Inc. (PNX) stock price skyrocketed 1,883.22%, or 28.06, to 29.55, leading the top stocks today. Volume was 37,541 shares, much lower than the daily average of 388,776 shares. The company announced that its 1-for-20 reverse stock split of Phoenix common stock became effective following the market close on Friday, August 10, 2012. The current PNX stock price is 2,946.39% higher than its 52-week low of $0.97 and off its 52-week high of $31.09. The Phoenix Companies has a market cap of 3.43 billion.
FSI International, Inc. (FSII) spiked 52.48%, or $2.12, to $6.16, coming as the second top stock gainer today. Volume was 20.88 million, substantially higher than its daily average of 324,650 shares. Tokyo Electron today announced to buy the microelectronics fabrication equipment manufacturer for $6.20 per share in cash. The current FSII stock price is 262.35% higher than its 52-week low of $1.70 and slightly off its 52-week high of $6.20. FSI International has a market cap of $241.44 million.
Alexza Pharmaceuticals, Inc.(ALXA) came as the third of the top stocks today, saw its stock price jumping 38.85%, or $1.15, to report at $4.11. Volume was 2.55 million, well above its daily average of 269,218 shares. The pharmaceutical company recently reported its Q2 2012 net loss of narrowed to $7.0 million from $9.0 million in the same period last year, primarily thanks to the strong progress with their operations. Alexza also got an “Outperform” rating reiteration by JMP Secutities. The current ALXA stock price is 61.18% higher than its 52-week low of $2.55 and 72.23% off its 52-week high of $14.80. Alexza Pharmaceuticals has a market cap of $48.74 million.
Highway Holdings Limited (HIHO), one of the top stocks today, was up 33.33%, or 0.50, to $2.00. Volume was 304,912 shares, much higher than its daily average of 3,587 shares. The company declared a cash dividend of $0.03 per share on the Company’s common stock today. The current HIHO stock price is 41.84% higher than its 52-week low of $1.41 and 44.13% off its 52-week high of $3.58. Highway Holdings has a market cap of $7.57 million.
Global-Tech Advanced Innovations Inc. (GAI) shot up 32.00%, or $1.60, to $6.60, making it one of the top stocks on Monday. Volume was 33,791 shares, five times its daily average of 6,495 shares. The company declared a special cash dividend of $1.00 per share payable on September 5, 2012 to shareholders of record at the close of business on August 22, 2012. The current GAI stock price is 146.27% higher than its 52-week low of $2.68 and 33.60% off its 52-week high of $9.94. Highway Holdings has a market cap of $20.06 million