Top Percentage Gainers And Losers As Of 10 a.m. 4/13/2011 (ZOOM, QCOM, GRM, EROC, RVBD, QTM, INVE, MSB, CIGX, IDIX, OTIV)
Best
1) Zoom Technologies (NASDAQ: ZOOM): Shares are trading up 54.84% to $4.78 after acquiring new patent licenses from Qualcomm (NASDAQ: QCOM). This development will allow the company to develop new mobile phones for the global market.
2) Graham Packaging (NYSE: GRM): Surging 26.6% to $21.87. Silgan Holdings (NASDAQ: SLGN) announced that it will purchase the company for the equivalent of $19.65 per share in cash and stock.
3) Eagle Rock Energy Partners (NASDAQ: EROC): Shares are currently vaulting 16.03% to $11.87.
4) Riverbed Technology (NASDAQ: RVBD): Stock is up 15.62% to $35.75 in early trading. The company was upgraded from Perform to Outperform at Oppenheimer. The price target is $40.
5) Quantum Corporation (NYSE: QTM): Equity is climbing 13.96% to $3.02.
Worst
1) Identive Group (NASDAQ: INVE): Stock is plummeting 22.32% to $4.42.
2) Mesabi Trust (NYSE: MSB): Plunging 12.01% to $34.01.
3) Star Scientific (NASDAQ: CIGX): Shares are down 6.14% to $3.21.
4) Idenix Pharmaceuticals (NASDAQ: IDIX): Currently trading down 5.47% to $3.63.
5) On Track Innovations (NASDAQ: OTIV): Equity is dropping 4.47% to $2.35.
