NASDAQ Top Percentage Gainers: Marina Biotech, Mellanox, Datalink, Eagle Bulk Shipping

POINT ROBERTS - July 22, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for July 21, 2011. Marina Biotech, Inc. was the top gainer on the exchange with the stock closing higher by about 30% on Thursday. Marina Biotech, Inc. MRNA was the biggest gaineron NASDAQ and soared 0.061 (29.76%) to $0.266. Earlier this week, the company announced that R. John Fletcher was elected to the Company's Board of Directors effective July 14, 2011, replacing Board member Chiang Li, Ph.D., M.D., who announced his retirement from the Marina Biotech board prior to the 2011 annual meeting of shareholders. Mellanox Technologies, Ltd. MLNX also rose 4.37 (15.06%) to $33.38 and made a new 52-week high of $34.57 following the company reported revenue of $63.3 million in the first quarter of 2011, up 15.1% from $55.1 million in the first quarter of 2011, and up 58.5% from $40 million in the corresponding quarter of 2010. The company earned $2.1 million or 6 cents a share. Datalink Corporation DTLK climbed 1.02 (12.90%) to $8.93 and made the new 52-week high of $9.73 folloiwng the company posted better-than-expected quarterly results and forecast a strong third quarter driven by the addition of new customers and strong demand for data storage. The company said that it earned 19 cents a share on revenue of $82.5 million. Eagle Bulk Shipping Inc. EGLE surged 0.24 (9.68%) to $2.72. The company will report its financial results for the second quarter ended June 30, 2011, after the close of stock market trading on Wednesday, August 3rd. Investorideas.com Free Investor Tools; Sign up for the free investor news and stock alerts in leading sectors! http://www.investorideas.com/Resources/Newsletter.asp Join Investor Ideas - Research energy stocks, mining, agriculture stocks, cloud computing stocks and more… Investorideas.com Members currently have 24/7 online access to the exclusive subscriber-only eleven stock directories in leading sectors including renewable energy, water and energy stocks. Visit the Investor Ideas membership page to learn more at: http://www.investorideas.com/membership/ About InvestorIdeas.com: InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming. Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising . www.InvestorIdeas.com/About/Disclaimer.asp Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com Source - Investorideas.com
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: MarketsTrading IdeasComputer Storage & PeripheralsHealth CareIndustrialsInformation TechnologyinvestmentsMarineNASDAQPharmaceuticalsTechnology Distributorstrading stocks
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!