Benzinga's Microcap Movers for Tuesday October 23, 2012
Below are highlights from Benzinga's daily coverage of small cap and microcap securities making big moves:
Shares of LodgeNet Interactive (NASDAQ: LNET), the Sioux Falls, SD provider of interactive media and connectivity services to hospitality and healthcare businesses, rose 10.53% Tuesday on lower than average volume.
LodgeNet Interactive announced Monday that Michael Bennett was been promoted to Senior Director of Sales. In this role, Bennett will provide management oversight to all field sales efforts, including gaming, in the Hospitality sector. Previously, Bennett served as LodgeNet's Director of Gaming Sales. Bennett has an extensive background in the hospitality industry, providing hospitality solutions to the gaming industry and a track record of success through numerous positions at Sprint, Hospitality Network and Cox Communications. He will report to LodgeNet President and CEO, Rich Battista.
LodgeNet Interactive closed at $0.42 on Tuesday.
BSD Medical (NASDAQ: BSDM), the Salt Lake City, UT manufacturer of medical systems that deliver precision-focused radio frequency or microwave energy into diseased sites of the body, rose 18.34% Tuesday on 20 times average volume.
BSD Medical announced Tuesday that published study results demonstrate improved rates of complete pathological tumor response (no evidence of viable tumor in primary tumor and lymph nodes) in advanced rectal cancer patients from the addition of hyperthermia, delivered using the BSD-2000 Hyperthermia System. The researchers also reported that hyperthermia may provide enough reduction in tumor size (downstaging) to allow an increased rate of sphincter preservation surgery (which can allow patients to maintain normal rectal function) in a subgroup of patients with rectal tumors located lower in the gastrointestinal tract. Hyperthermia was added to standard preoperative radiochemotherapy (combined radiotherapy and chemotherapy) for 61 patients, and results were retrospectively compared to 45 patients with locally advanced rectal cancer who were treated with standard preoperative radiochemotherapy alone.
BSD Medical closed at $2.00 on Tuesday.
OCZ Technology Group
Shares of OCZ Technology Group (NASDAQ: OCZ), the San Jose, CA manufacturer of solid-state storage solutions, rose 9.52% Tuesday on lower than average volume.
OCZ Technology announced Tuesday the general availability of the next release of its popular VXL cache and virtualization software, enabling host-based distributed flash volumes with advanced services that include High Availability and Fault Tolerance. This release of VXL software delivers 'the next frontier' of flash virtualization by providing a comprehensive solution that features enterprise caching, support for virtualized services and distributed flash volumes that dynamically share its SSD resources amongst any virtual machine that resides on the local server or on other servers in the virtualized environment.
OCZ Technology Group closed at $1.38 on Tuesday.
The information in this article is taken from public sources, press releases, and websites that cannot always be verified. Please note that investing in microcap stocks is highly speculative. The companies mentioned here are for information purposes only. Benzinga makes no claim as to the suitability of these stocks as an investment. Neither Benzinga nor its staff recommend that you buy, sell, or hold any security. We do not offer investment advice, personalized or otherwise. Benzinga recommends that you conduct your own due diligence and consult a certified financial professional for personalized advice about your financial situation.
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