Top performing stocks on Thursday:
Wizzard Software Corporation (WZE), one of the top stocks on Thursday, jumped 28.61%, or $0.99, to $4.45, on a volume of $259,244 shares, more than double its daily average of 104,084 shares. The leading digital media podcast network published an information update of its proposed acquisition of FAB. The current WZE stock price is much higher than its 50-day moving average of $2.54 and 200-day moving average of $2.18. Wizzard Software has a market cap of $38.46 million.
Millennial Media, Inc. (MM) stock gained 28.07%, or $2.86, to $13.05, coming in as one of the top stocks today, on a volume of 2.97 million shares, well above its daily average of 268/,087 shares. The company released quarterly earnings results today, beating the analyst estimates. The current MM stock price is above its 50-day moving average of 12.03 and slightly higher than its IPO price of $13. Millennial Media has a market cap of $992.92 million.
Robbins & Myers, Inc. (RBN) stock soared 27.41%, or $12.83, to $59.63, on a volume of 19.63 million shares, well above its daily average of 375,986 shares. The big surge was driven by the new that the engineered equipment and systems supplier will merge with National Oilwell Varco, Inc. The current RBN stock price is much higher than its 50-day moving average of $44.28 and 200-day moving average of $47.38. Robbins & Myers has a market cap of $5.54 billion.
Silicon Graphics International Corp (SGI) made it one of the top stocks on Thursday by rising 27.27%, or $1.86, to $8.68, on a volume of 3.46 million shares, far exceeding its daily average of 328,185 shares.The leader in technical computing industry issued its Q4 2012 financial results, showing a loss of 10 cents per share, much lower than the average analyst estimate of a loss of 43 cents per share. The current SGI stock price is above its 50-day moving average of $6.34 but below its 200-day moving average of $9.80. Silicon Graphics has a market cap of $277.20 million.
Peregrine Pharmaceuticals (PPHM) stock was on the list of top stocks on Thursday as its stock price harvested 26.32%, or $0.50, to $2.40, on a volume of 6.09 million shares, more than double its daily average of 2.38 million shares. The pharma announced it regained Nasdaq compliance on July 30th. The current PPHM stock price is much higher than its 50-day moving average of $0.98 and $200-day moving average of $0.85. Peregrine Pharmaceuticals has a market cap of $250.02 million.