13 Top Movers in Today’s Session

Posted by on Sep 08, 2010 | No comment

Cerus Corp. (NASDAQ: CERS) gained by 12.96% and closed at $3.66 on nearly 10 times its average volume, a day after the California-based medical-device maker reported the successful outcome of INTERCEPT Blood System platelet study. The company is also scheduled to present a corporate update at the 2010 Robert W. Baird Health Care Conference on September 14th. (NASDAQ:CERS), (CERS)

ZymoGenetics Inc. (NASDAQ: ZGEN) surged 84.15% to close at $9.76 on news of acquisition. The stock made a new 52-week high during today’s trading session when it reached $9.79. Bristol-Myers Squibb (NYSE: BMY) is acquiring Seattle-based ZymoGenetics for $9.75 per share in cash. (NASDAQ:ZGEN), (ZGEN)

Skilled Healthcare Group Inc. (NYSE: SKH) soared by 25.14% and closed at $4.38 on 3.01 million shares, almost five times its average volume. The Foothill Ranch, California-based nursing home operator reached a $50-million lawsuit settlement – well below an earlier jury award of $677 million. (NYSE:SKH), (SKH)

VirnetX Holding Corp. (AMEX: VHC) rose by 8.31% and closed at $9.91 on 2.70 million shares, over four times its average trading volume. The software maker set a new 52-week high during today’s trading session when it reached $10.04. (AMEX:VHC), (VHC)

Microtune Inc. (NASDAQ: TUNE) jumped 19.43% to close at $2.95, on over 94 times its average trading volume, boosted by news that chip maker Zoran Corp. (NASDAQ:ZRAN) agreed to acquire the company for $166 million. (NASDAQ:TUNE), (TUNE)

The Men’s Wearhouse Inc. (NYSE: MW) edged up by 0.53% and closed at $21.00 on above-average volume of 1.47 million shares. The Houston-based men’s suits retailer reported an 8% jump in its Q2 profit as revenue rose 2% to $537 million. (NYSE:MW), (MW)

Qiao Xing Mobile Communication Co. Ltd. (NYSE: QXM) moved up by 37.60% and closed at $3.55 on over 64 times its average trading volume. The Chinese mobile phone maker announced a proposal to acquire all outstanding shares of Qiao Xing Mobile Communication that it does not currently own. (NYSE:QXM), (QXM)

EDAP TMS S.A. (ADR) (NASDAQ: EDAP) moved up by 10.76% and closed at $2.47 on over 81 times its average volume. The French medical device maker reported favorable clinical outcomes for patients treated with Ablatherm-HIFU. EDAP was also initiated with a Buy at Morgan Joseph. (NASDAQ:EDAP), (EDAP)

R.G. Barry Corp. (NASDAQ: DFZ) slumped by 11.41% and closed at $10.09 on nearly nine times its average volume. The Pickerington, Ohio-based accessory footwear and slippers maker reported wider loss for the Q4. (NASDAQ:DFZ), (DFZ)

AngioDynamics Inc. (NASDAQ: ANGO) dropped by 8.21% and closed at $13.98 after the medical device maker’s Q1 guidance disappointed the Street. (NASDAQ:ANGO), (ANGO)

Hyperdynamics Corp. (AMEX: HDY) jumped up 10.42% and closed at $1.59 on over 12 times the average volume. The stock set a new 52-week high during today’s trading session when it reached $1.98. The emerging oil and gas company announced the results of an independent resource evaluation of its oil and gas concession offshore Republic of Guinea. (AMEX:HDY), (HDY)

China Agritech Inc. (NASDAQ: CAGC) fell by 16.31% and closed at $13.29 on 4.76 million shares. Chardan Capital Markets downgraded the Beijing-based fertilizer maker to Sell from Neutral, citing auditing concerns. (NASDAQ:CAGC), (CAGC)

Veeco Instruments Inc. (NASDAQ: VECO) tumbled by 8.31% and closed at $33.44 on 4.88 million shares following a downgrade from Avian Securities. (NASDAQ:VECO), (VECO)

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