NASDAQ Winners July 27th;NVGN, ACXM, IACI
Oncology Company, Marshall Edwards, Inc Gains over 135%
POINT ROBERTS, July 28, 2011 - InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for July 27, 2011. Thursday, Oncology Company, Marshall Edwards, Inc topped the market winners with a gain of over 135%.
Marshall Edwards, Inc. (NASDAQ:MSHL) spiked $1.58 (135.04%) to $2.75 after it announced the publication of results from a pre-clinical study of NV-128 showing activity in chemotherapy-resistant ovarian cancer stem cells. NV-128 is the prodrug of the Company's investigational compound and lead mitochondrial inhibitor drug candidate, NV-344.
Novogen Limited (ADR) (Public, NASDAQ:NVGN) climbed $0.41 (46.07%) to $1.30. Last week, the company announced it has entered into an agreement for the sale of its consumer products division. The sale remains subject to certain conditions but is expected to close within the next 60 days. The buyer and terms of the agreement were not disclosed.
Acxiom Corporation (NASDAQ:ACXM) gained$2.14 (18.07%) to $13.98 after the company announced that its Board of Directors has named marketing and advertising veteran Scott E. Howe as the company’s chief executive officer and president.
IAC/InterActiveCorp (NASDAQ:IACI) surged $4.25 (11.25%) to $42.04. The Company reported a second-quarter profit of 62 cents a share after excluding special items. Analysts on average expected 40 cents a share.
Revenue, including subscriptions at IAC's online personals sites like Match.com and Chemistry.com, rose 23 percent to $485.4 million. Analysts had forecast $463.4 million.
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