Mid-Day Market Movers (CNR, DTPI, BSDM, DAKT)
China Metro-Rural Holdings Limited (AMEX: CNR) climbed 34.09% to $2.36 at 10:09 am EST. CNR’s quarterly revenue jumped 38.60% y/y.
Diamond Management & Technology Consultants Inc (NASDAQ: DTPI) jumped 30.50% to $12.45. PricewaterhouseCoopers LLP has agreed to buy all of the outstanding common shares of DTPI for $378 million or $12.50 per share in cash, representing a premium of 31% to DTPI's closing price on August 23, 2010.
BSD Medical Corporation (NASDAQ: BSDM) shares advanced 25.24% to $2.58. BSDM has received approval from the US Food and Drug Administration (FDA) for marketing its soft tissue ablation device.
Daktronics Inc (NASDAQ: DAKT) shares surged 14.58% to $8.96. DAKT has posted better-than-expected Q1 results.
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