Mid-Day Market Movers (DSTI, BXC, LNCE, ACF)
DayStar Technologies Inc (NASDAQ: DSTI) shares advanced 59.99% to $2.24 at 10:37 am. DSTI is planning to manufacture its CIGS solar modules in offshore locations.
Bluelinx Holdings Inc (NYSE: BXC) climbed 37.05% to $3.44. Private equity firm Cerberus Capital Management LP has offered to buy all the outstanding share of BXC for $3.40 per share in cash. The offer price represents a 36% premium to its yesterday’s closing price.
Lance Inc (NASDAQ: LNCE) jumped 27.69% to $20.43. LNCE has reported strong Q2 profits.
AmeriCredit Corporation (NYSE: ACF) shares surged 22.08% to $24.05. General Motors (NYSE: GM) is acquiring ACF in a $3.5 billion deal.
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