Five stocks across the different sectors led today’s top performing stocks, they are listed as follows:
Cooper Industries plc (CBE) is a global provider which manufactures, markets and sells electrical components and tools in the United States and internationally. Cleveland-based diversified manufacturer Eaton Corp. Is buying Cooper for cash and stock valued at about $11.46 billion. Eaton’s shareholders will own a 73% stake in the new company, with the rest belonging to Cooper. This merger news sent Cooper stock price jumping 25.14%, or $14.04 to close at $69.88 per share on Monday, ranking No.1 gainer among the top stocks today.
The second on the list of top stocks today is Rosetta Genomics Ltd. (ROSG), which develops, validates and commercializes a range of microRNA-based molecular diagnostic tests. ROSG stock price surged 24.73%, or $1.36, t o report at $6.86 per share on Monday after obtaining medical coverage of miRview mets2 assay. Rosetta also had a one for fifteen reverse stock split and announced to raise $2.2 million in a registered direct offering early last week.
Electromed, Inc. (ELMD) is engaged in manufacturing, marketing and selling airway clearance products applying high frequency chest wall oscillation (HFCWO) technologies in pulmonary care for patients of all ages. ELMD stock price jumped to the intraday high of $2.83 per share in the afternoon trading session then traded lower, but finally climbed back to today’s high point with a volume of 21.671 shares at the close of the market, representing a gain of 23.04%, or $0.53. Last week, the company announced the retirement of its founder, chairman & CEO Robert Hansen after 20 years steering the ship and appointed chief operating officer James Cassidy as the successor.
GreenHunter Energy, Inc.(GRH), engages in water management solutions for the oil and gas exploration and production companies. The company announced that the accomplishment of acquiring three Class II salt water disposal wells which will bring enhance commercial SWD capacity to the Company’s water services portfolio and help establish its dominant position in salt water industry. Following the news, GRH stock price traded higher to close at $1.98 per share, representing an increase of 22.22% compared to the prior day closing price of $1.62 per share.
Future Information Technology Inc. (EFUT) is a Chinese integrated software and services provider engages in retail and consumer goods industries. The company today announced it has signed an agreement with Nestle Water to provide their Sales Force Automation service, a mobile Cloud service, in Beijing and Shanghai. Boosted by the news, EFUT stock price shot up 21.09%, or $0.85, to finish at $4.88 per share with a volume of 439,571 shares.