Mid-Day Market Movers (RLD, UPI, MGIC, FSIN)

RealD Inc RLD jumped 21.48% to $26.98 at 10:18 am. RLD has reported better-than-expected Q2 results. Uroplasty Inc UPI shares advanced 19.16% to $5.26. UPI posted a 9% y/y rise in its Q2 net sales. Magic Software Enterprises Ltd MGIC shares surged 16.55% to $3.38. MGIC reported more than three-fold y/y surge in its Q3 operating income. Fushi Copperweld Inc FSIN climbed 16.48% to $10.60. The Board of Directors of FSIN has received a “going private” proposal from its Chairman and Chief Executive Officer, Mr. Li Fu to buy the outstanding shares of the company for $11.50 per share in cash. Read more from Benzinga's Markets.