Mid-Day Market Movers (ETRMD, PATK, SMTX, ASFN)

EnteroMedics Inc ETRMD jumped 39.51% to $2.55 by 11:11 am. EnteroMedics has received an conditional approval from the FDA for the start of clinical trials on its device for treating obesity. Patrick Industries, Inc PATK shares surged 38.50% to $2.77. PATK posted quarterly profit due to a jump in its sales. SMTC Corporation SMTX shares advanced 25.48% to $3.30. SMTX offers electronics manufacturing services, such as printed circuit board assembly, configuration to order, enclosure fabrication, product design and sustaining engineering services, and systems integration and testing services. Atlantic Southern Financial Group ASFN climbed 22.55% to $1.25. The Doctors Company has agreed to acquire Atlantic Southern Financial reported a loss of $4 million for the second quarter, as compared to the net loss of $23.8 million a year earlier. Read more from Benzinga's Markets.