Universal Display Corporation PANL Gains 17%
POINT ROBERTS, Aug. 24, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Aug. 23, 2011.
Universal Display Corporation led the top percentage gainer and climbed 17% on heavy volume.
Universal Display Corporation PANL soared 5.90 (16.97%) to $40.66 after the organic light developer will license its technologies and sell its proprietary materials to Samsung Mobile Display Co., Ltd. to use its state-of-the-art OLED display products.
Fossil, Inc. FOSL rose 12.24 (16.48%) to $86.52. Chief Financial Officer Mike Kovar bought 2,000 shares in the Texas-based maker of watches and jewelry, according to a regulatory filing.
Perfect World Co., Ltd. (ADR) PWRD increased 2.84 (15.28%) to $21.43 after the Company reported second quarter results. Net income was RMB316.6 million or RMB5.98 per ADS compared to RMB196.6 million or RMB3.71 per ADS in the previous year quarter. Total revenues were RMB779.56 million compared to RMB592.53 million in the prior year period.
JA Solar Holdings Co., Ltd. (ADR) JASO surged 0.45 (14.20%) to $3.62 after hitting a new 52-week low of in Monday's session. Last week, Axiom Capital boosts JA Solar Holdings Co., Ltd. JASO from Sell to Hold.
Market Snapshot, August 23 Close
Nasdaq 2446.06 +100.68 (+4.29%)
S&P 500 162.35 +38.53 (+3.43%)
Dow Jones 11,176.76 +322.11 (2.97%)
10Y Yield 2.117 -0.0306 (-1.42%)
Oil 85.04 -0.40 -0.47%
Gold 1,843.90 -11.70 -0.63%
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