Avocent Corporation (NASDAQ:AVCT) - Top Stock Alerts
Avocent Corporation (NASDAQ:AVCT) was The Biggest Mover of the day.
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Avocent Corporation ( NASDAQ:AVCT) surged 20.96% or $4.30 to $24.82 on huge volumes of over 46.77 million shares after Emerson and Avocent Corporation announced today that they have reached agreement for Emerson to acquire Avocent Corporation. The Avocent Board of Directors unanimously endorsed the terms of an all-cash tender offer of $25 per share, or approximately $1.2 billion. The purchase is expected to close around January 1, 2010, pending customary regulatory approvals and acceptance of the offer by Avocent stockholders holding a majority of Avocent shares. The stock touched an intraday high of $25.13 and an intraday low of $24.75.
NutriSystem Inc. (NASDAQ:NTRI) climbed 16.01% to $17.46 on huge volume of 6.45 million shares after the company announced they would now be selling their products at Walmart (WMT). It gapped above the September high. Volume is very strong, at well over 5x the daily average. There is strong resistance at $20 and $23 above. (17.62 +2.57).The stock made an intraday high of $ and an intraday low of $. NutriSystem, Inc. is a provider of a weight management system based on a portion-controlled, prepared meal program.
ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) soared 15.15% to $1.90 on huge volumes of 9.38 million shares after the developer and its partner, Biovail, announced plans for a new late-stage trial of the psychosis drug pimavanserin. So far the stock has jumped up over 79% in last six months of trade. The stock made an intraday high of $2.08 and an intraday low of $1.81. Acadia Pharmaceuticals Inc. is a biopharmaceutical company focused on the discovery, development, and commercialization of small molecule drugs for the treatment of central nervous system disorders.
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Avocent Corporation ( NASDAQ:AVCT) surged 20.96% or $4.30 to $24.82 on huge volumes of over 46.77 million shares after Emerson and Avocent Corporation announced today that they have reached agreement for Emerson to acquire Avocent Corporation. The Avocent Board of Directors unanimously endorsed the terms of an all-cash tender offer of $25 per share, or approximately $1.2 billion. The purchase is expected to close around January 1, 2010, pending customary regulatory approvals and acceptance of the offer by Avocent stockholders holding a majority of Avocent shares. The stock touched an intraday high of $25.13 and an intraday low of $24.75.
NutriSystem Inc. (NASDAQ:NTRI) climbed 16.01% to $17.46 on huge volume of 6.45 million shares after the company announced they would now be selling their products at Walmart (WMT). It gapped above the September high. Volume is very strong, at well over 5x the daily average. There is strong resistance at $20 and $23 above. (17.62 +2.57).The stock made an intraday high of $ and an intraday low of $. NutriSystem, Inc. is a provider of a weight management system based on a portion-controlled, prepared meal program.
ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) soared 15.15% to $1.90 on huge volumes of 9.38 million shares after the developer and its partner, Biovail, announced plans for a new late-stage trial of the psychosis drug pimavanserin. So far the stock has jumped up over 79% in last six months of trade. The stock made an intraday high of $2.08 and an intraday low of $1.81. Acadia Pharmaceuticals Inc. is a biopharmaceutical company focused on the discovery, development, and commercialization of small molecule drugs for the treatment of central nervous system disorders.
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Tel: 214 556 6798
Email us
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