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Microcap B2B facilitator LiveDeal (NASDAQ:LIVE) is the days biggest mover, soaring over 300% on...

Dec. 13, 2011 3:25 PM ETLive Ventures Incorporated (LIVE) StockLIVEBy: David Yelle, SA News Editor1 Comment
Microcap B2B facilitator LiveDeal (NASDAQ:LIVE) is the days biggest mover, soaring over 300% on 460 times its average daily volume after the company completed an equity financing with five unaffiliated investors for an aggregate cash purchase price of $2M and issued a total of 1,612,899 new shares at $1.24 per share. The additional financing allows the company to retain its Nasdaq listing.

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