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3 Small Cap Market Movers (NASDAQ : ATSI, IRBT,PRAN)

|Includes: ATS Medical, Inc. (ATSI), IRBT, PRAN
ATS Medical is trading at 3.95 up 1.36 or 52% at a volume of 17 million after announcing that the company had signed a merger agreement with Medtronic for 4.00 a share or 370 million dollars. The deal will also include total assumption of ATS Medical’s net debt.

IROBOT is trading at 19.75 up 4.53 up 29.76% at a volume of 430k after announcing good first quarter 2010 results. The company exceeded revenue expectations, recording a revenue of $95 million an increase of 67% from a year ago. Net income for the first quarter was $6million compared to a loss of $2 million a year ago to date. 

Prana Bio SP.ADR is trading at 1.98 up .28 or 16% after providing detailed analysis of a therapeutic strategy for Alzheimers Disease. The new strategy is said to clear A-beta from the brain, but also prevents the protein from becoming toxic to the brain in the first place.