SuperMedia Inc (SPMD), the bellwether of the top stocks today, soared 41.09%, or $1.06, to $3.364, after the yellow pages directory publisher announced to merger with Dex One Corp. (DEXO), to create a national provider of social, local and mobile marketing solutions through direct relationships with local businesses. The intraday volume was 2.27 million shares versus the daily average of 15,074 shares. SuperMedia has a market cap of $57.03 million.
Life Partners Holdings, Inc. (LPHI) was named on the list of top stocks today, by surging 32.83%, or $0.43, to $1.74 after the parent company of Life Partners, Inc. (LPI) said on Monday after the market close that a Texas district judge has refused to grant state officials the right to block Life Partners’ business. The intraday volume was 687,820 shares, well above the daily average of 95,622 shares. Life Partners has a market cap of $32.45 million.
Dex One Corporation (DEXO) jumped 31.45%, or $0.39, to end at $1.63 as the merger plan with SuperMedia Inc (SPMD) mentioned above. The intraday volume was 7.51 million, well above the daily average of 173,780 shares. Dex One Corporation has a market cap of $82.82 million.
A M Castle and Co (CAS) rose sharply by 26.79%, or $2.47, to close at $11.69, after a group including private equity firm Platinum Equity LLC and larger Chicago-based metals distributor Ryerson Inc. revealed it had taken a 6.1% stake in the metals distributor. The intraday volume was 1.44 million, well above the daily average of 219,893 shares. A M Castle and Co has a market cap of $269.95 million.
Urban Outfitters, Inc. (URBN), the fifth of the top stocks today, closed up 18.22%, or $5.70, to $36.98, after a group of analysts raised their ratings on the stock, following the lifestyle specialty retailer’s quarterly results. The company’s quarterly earnings rose 8% on a 11% increase in revenue. The intraday volume was 21.70 million shares, well above the daily average of 2.41 million shares. Urban Outfitters has a market cap of $5.36 billion.