Western Liberty Bancorp (WLBC), won the crown of the top stocks today by surging 34.07%, or $0.97, to close at $3.82 on the news that Western Alliance Bancorporation has agreed to buy Western Liberty Bancorp for approximately $55 million. Volume was 1.23 million shares, well above the average daily volume of 40,551 shares. Over the past 52 weeks, WLBC stock was traded between $2.18 and $3.85. Western Liberty Bancorp has a market cap of $51.46 million.
Helios & Matheson Information Technology Inc (HMNY), the second of the top stocks today, soared 30.00%, or $0.69, to close at $2.99. The 30-year-old IT services organization recently announced net income of $101,000 or $0.04 per share for Q2 2012 compared to $17,000 or $0.01 per share for Q2 2011. Volume was 5,008 shares, well above the average daily volume of 1,816 shares. Over the past 52 weeks, WLBC stock was traded between $0.74 and $7.00. Helios & Matheson Information has a micro market cap of $5.36 million.
Bioanalytical Systems, Inc. (BASI) spiked up 25.00%, or $0.27, to end at $1.35. The drug discovery and development company saw its revenue, margins and gross profits declining in the third quarter, but the management is optimistic about the impact of recent restructuring efforts and future growth. Volume was 41,502 shares, well above the daily average of 24,538 shares. Over the past 52 weeks, BASI stock was traded between $0.81 and $1.73. Bioanalytical Systems has a micro market cap of $9.82 million.
Rosetta Genomics Ltd. (USA) (ROSG) rose sharply by 23.37%, or $0.93, to settle at $4.91. The company which is engaged in developing and commercializing diagnostic tests based on microRNAs, provided a corporate update via press release this morning and has started the process of expanding its oncology-focused sales team. Volume was 4.35 million shares, well above the daily average of 777,324 shares. Over the past 52 weeks, ROSG stock was traded between $1.40 and $26.70. Rosetta Genomics has a micro market cap of $3.44 million.
Coventry Health Care, Inc. (CVH) came in as one of the top stocks today, by jumping 20.32%, or $7.10, to finish at $42.04, because the company has agreed to be acquired by its rival Aetna for $5.7 billion. Volume was 32.04 million shares, well above the daily average of 1.30 million shares. Over the past 52 weeks, CVH stock was traded between $25.78 and $42.29. Coventry Health Care has a market cap of $5.63 billion.
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