Thursday’s NASDAQ Top Gainers : WWON, DEER, IRIS, SCMR
Westwood (NASDAQ:WWON) Bounces Back From 52-week low
POINT ROBERTS, September 22, 2011 - InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Wednesday September 22nd. NASDAQ closed lower by 82.52 (-3.25%) to 2,455.67.
In spite of another significant down day in trading there were some notable winners on the NASDAQ.
Westwood One, (NASDAQ:WWON) was the top percentage gainer for the session closing higher by 0.57 (20.80%) to $3.31 after hitting a new 52-week low of $2.65 earlier in the session. The stock moved off from day’s high of $3.84. The stock is still down about 65% so far this year.
Westwood One (NASDAQ:WWON - News) is one of the nation's largest providers of network radio programming in the U.S. The Company announced earlier this month, a proposed merger of a subsidiary of Westwood One, Inc., with Verge Media Companies, Inc.
Deer Consumer Products (NASDAQ:DEER) gained 0.87 (18.79%) to close at $5.50 on no major news. The stock has soared 26% in the past week following news it anticipates reporting strong 3rd quarter product sales as it continues to conduct its normal course of business.
The stock has a 52-week range of $3.84-$13.00.
IRIS International (NASDAQ:IRIS) closed with an impressive gain of 1.18 (14.55%) to end the day at $9.29 after falling about 15% earlier in the session. The stock is still down over 9% so far this year.
Sycamore Networks,(NASDAQ:SCMR) ended at $17.89, up 2.00 (12.59%) on no news after hitting a new 52-week low of $15.60 earlier in the session. So far this year, the stock has lost 3% of its value.
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