Today's Morning Top Gainers (EWBC, PERF, REV, MRM, KGN)
November 09, 2009 11:14 AM
East West Bancorp, Inc. (NASDAQ: EWBC) is the top percentage gainers in morning trade and surged over 49% to $12.94 on huge volume of 7.30 million shares as East West Bancorp is supposed to host a call today to discuss the acquisition of the operations of United Commercial Bank.
Perfumania Holdings, Inc. (NASDAQ: PERF) rallied 32% on a very low volume of 27K shares and now trades at $7.25. Perfumania Holdings has made a new 52 week high today at $7.33.
Revlon, Inc. (NYSE: REV) is also moving higher by 27.30% to $13.71 on 1.04 million shares. Revlon has made a new 52 week high today at $13.82. A few minutes ago, Revlon announced that its wholly-owned subsidiary, Revlon Consumer Products Corporation plans to offer $330 million of senior secured notes due 2015.
Merrimac Industries (AMEX: MRM) soared 19.81% now, currently trades at $9.86 on volume of 81K shares after Merrimac announced its financial results for the third quarter and first nine months. Merrimac reported net sales of $8.271 million versus $8.328 million last year this period. So far during this year the stock has jumped up over 251%.
Keegan Resources Inc. (AMEX: KGN) jumped up 17.72% to $6.71 on 578K shares on no news. Keegan has also made a new 52 week high at $6.93 in the morning trading hours. In the last six months the stock has jumped up over 205%.
