NASDAQ Top Gainers July 6th ; COIN, FFHL, HTCH, IPAS
Converted Organics Inc. (NASDAQ:COIN) Gains 190%
POINT ROBERTS, July 06, 2011 - InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for July 06, 2011.. Converted Organics Inc. (NASDAQ:COIN) added a whopping 190% to $0.145.
U.S. Stocks rose after yesterday’s pause with all the major indices closed higher for the sixth trading sessions out of the past seven trading sessions. The NASDAQ Composite jumped 8.25 (0.29%) to 2,834.02.
Trading close- up on top 4:
Converted Organics Inc. (NASDAQ:COIN) was the biggest winner with the stock gaining 190% to $0.145. This morning, the company said that its common stock (trading symbol:COIN), Class B Warrants (trading symbol:COINZ), and Class H Warrants (trading symbol:COINW), will be quoted on the OTC Bulletin Board (OTCBB) effective July 7, 2011.
Fuwei Films (Holdings) Co., Ltd (NASDAQ:FFHL) was another notable gaineron Nasdaq and soared 28.75% to $4.21 after the company reached a a letter of intent on PETG heat shrinkable label film supply for the second half of this year with China Bottlers Procurement Consortium, the authorized procurement service provider for the Coca-Cola Bottling system in China, on June 30, 2011.
Hutchinson Technology Incorporated (NASDAQ:HTCH) also rose 21.15% to $2.75 after the company reported the following preliminary Q3 results. The company said that it projects to generate revenue of $72 million, ahead of analysts’ estimates of $65.52 million. Shipments also grew 15% to $118 sequentially.
iPass Inc. (NASDAQ:IPAS) surged 13.92% to $1.80 after it announced the iPass Open Mobile Exchange(NYSE:TM) (iPass OMX(TM)), a carrier-grade platform for service providers to extend core mobility and Internet offerings by integrating Wi-Fi with 3G and 4G, allowing providers to seamlessly connect customers to preferred Wi-Fi networks.
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