POINT ROBERTS, December 14, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Tuesday December 13th. Nasdaq dropped 32.99 (1.6 %) to close at 2,579.27.
Synovis Life Technologies, Inc. (NASDAQ:SYNO) was the biggest percentage winner and its shares climbed .35 (50.68%) to close at $27.78 after Baxter International Inc agreed to acquire the company in a deal valued at roughly $325 million, which is expected to expand the medical-products maker's presence in regenerative medicine and biosurgery.
RADVISION LTD. (USA) (NASDAQ:RVSN) continued to move higher and added another 15.44% to $9.72 after rising over 16% in the previous trading session. The stock rallied on a report by the Israeli newspaper Globes that the Israeli video conferencing company is in "advanced talks" to be acquired by Avaya for $200 million.
Cabot Microelectronics Corporation (NASDAQ:CCMP) added by 5.78 (14.37%) to close at $45.99 on very unusual volume of 1.38 million shares, compared to its 30-day average volume of 174K shares after the company intends to pay a special cash dividend of $15 per share, or approximately $345 million in aggregate, to its shareholders during the first quarter of calendar year 2012.
GeoEye Inc. (NASDAQ:GEOY) shares jumped 2.29 (12.05%) to end at $21.30, rebounding from its recent lows. GeoEye, Inc. (GeoEye) is a commercial provider of earth imagery, and a provider of image-processing services and geospatial information services to the United States and foreign government defense and intelligence organizations, domestic federal and foreign civil agencies and commercial customers.
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