Tuesday's NASDAQ Top Gainers: Marshall Edwards, Renaissance Learning, Majesco Entertainment, Netlist

POINT ROBERTS, Aug. 17, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Aug. 16, 2011. Marshall Edwards, Inc. MSHL was the biggest gainer on Nasdaq and soared 0.53 (38.41%) to $1.91 after the Company said that FDA has approved the Investigational New Drug application for ME-143. ME-143 is the Company's lead NADH oxidase inhibitor. Renaissance Learning, Inc. RLRN rose 2.74 (23.16%) to $14.57 and made a new 52-week high of $14.85 after Permira Funds agreed to acquire all of the outstanding shares of Renaissance Learning for $14.85 per share in cash or approximately $440 million. Majesco Entertainment Co. COOL increased 0.28 (13.79%) to $2.31 as it revealed that Zumba® Fitness 2, sequel to the best-selling dance fitness video game, features tracks from chart-topping artists Pitbull, Interscope Records artist Nicole Scherzinger and Yolanda Be Cool & DCup. Netlist Inc NLST gained over 0.18 (11.54%) to $1.72 after the Company reported second quarter net loss of $1.5 million or $0.06 loss per share compared to $4.0 million or $0.16 loss per share in the prior year quarter. Revenues rose 72% to $16.0 million. Market Snapshot Dow 11,405.93 -76.97 (-0.67%) Nasdaq 2523. -31.7 (-1.24%) S&P 500 1192.7 -11.73 (-0.97%) 10Y Yield 2.323 +0.0991 (+4.46%) Oil 87.44 +0.79 +0.91% Gold 1,792.6 +10.20 +0.57% 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 – Become a Member Research renewable energy stocks, gold stocks, water stocks, oil and gas and more with the largest stock directories online for investors Investorideas.com Members currently have 24/7 online access to the exclusive subscriber-only 13 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 For Additional Information and or interest in becoming a content /revenue partner: 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 IdeasBiotechnologyElectronic Manufacturing ServicesHealth CareHome Entertainment SoftwareInformation Technology
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!