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Friday's NASDAQ Top Gainers

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Clearwire Corporation (NASDAQ: CLWR) Gains 30%

POINT ROBERTS, Aug. 22, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Aug. 19, 2011. Clearwire Corporation was the biggest percentage gainer in Friday's trading , with a gain of around 30%.

Clearwire Corporation (NASDAQ: CLWR) soared 0.70 (30.30%) to $3.01, as according to report from Reuters, Sprint Nextel Corporation is in talks with cable companies about a possible investment that may lead to an acquisition of partner Clearwire Corporation.

Silicon Graphics International Corp (NASDAQ: SGI) rose 3.17 (26.57%) to $15.10. For the quarter ended June 24, the company posted a loss of $12.1 million, or 39 cents a share, compared with a year-earlier loss of $27.6 million, or 91 cents a share, a year earlier. Excluding such items as restructuring charges and share-based compensation, Silicon Graphics swung to a 12-cent profit from continuing operations from a 55-cent loss.

Revenue surged 92% to $195.5 million.

Mentor Graphics Corporation (NASDAQ: MENT) increased 1.04 (11.75%) to $9.89 after the company for the quarter ended July 31, reported a profit of $4.33 million, or 4 cents a share, compared with a prior-year loss of $14.2 million, or 13 cents a share. Excluding amortization, compensation expenses and other items, earnings in the latest period were 11 cents a share. The income-tax benefit climbed to $3.6 million from $985,000.

Revenue increased 14% to $213.7 million.

The Wet Seal, Inc. (NASDAQ: WTSLA) surged 0.40 (10.00%) to $4.40 following the Company released second quarter results. Net sales were $148.8 million compared to $131.5 million in the prior year quarter. Net income was $2.2 million or $0.02 per diluted share compared to $1.6 million or $0.02 per diluted share in the previous year quarter.

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