Friday's NASDAQ Winners: COGO, PWRD, JAX, AMRN

Friday's NASDAQ Winners: COGO, PWRD, JAX, AMRN

New York City : NY : USA | Mar 19, 2012 at 8:10 AM PDT
Views: Pending

New York, NY - March 19, 2012 -, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Friday March 16th. The Nasdaq Composite ended slightly lower and fell 1.11 (0.04%) at 3,055.26.

Cogo Group, Inc. (NASDAQ:COGO) was the biggest gainer on NASDAQ and surged $1.16 (59.79%) to close at $3.10 after the company's founder, CEO and Chairman proposed to buy 30% of its assets valued at between $60 million and $82 million through his personal investment venture, Envision Global Group. The company also reported fourth quarter non-GAAP EPS of $0.13, down from $0.24 in the previous year.

Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) climbed$3.46 (27.57%) to close at $16.01 after the company reported better-than-estimated fourth-quarter earnings.

J. Alexander's Corporation(NASDAQ:JAX) shares added 1.68 (24.35%) to close at $8.58 after the company said that it earned 6 cents a share in its fourth quarter, compared to 8 cents a share a year ago. For the current quarter, the company projects to earn 34-39 cents a share.

Amarin Corporation plc (ADR)(NASDAQ:AMRN) continued to move on Friday and gained 18.07%, extending its weekly gain to over 43%.Analyst at Canaccord Genuity maintained its buy rating on the stock with a price target of $25. Last week, the US Patent and Trademark Office updated the transaction history for the company's application on 12/052,598 from "Examiner Initiated" on Tuesday to "Examiner's Amendment Communication" this morning.

Free investor news and stock alerts

Sign Up:

Join Investor Ideas Get 13 of the best stock directories online;

Research oil and gas stocks, gold stocks, water stocks, renewable energy stocks (over 1300 green stocks in directory) and more


About is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.

Follow on Twitter!/Investorideas

Follow on Facebook

Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising .

800-665-0411 - Source -

Investorideas is based in Bellingham, Washington, United States of America, and is a Stringer on Allvoices.
Report Credibility
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear

News Stories

  • Apple announces dividend and stock buyback

    Apple on Monday announced plans for much of the $97.1 billion in cash it has accumulated from massive iPod, iPhone, iPad and Macintosh sales. The company said it would begin giving shareholders a quarterly dividend of $2.65 per share sometime its...
  • Market day ahead: Further equity gains in sight

      Wellington Dominion
    Trading in the local share market may get off to a positive start this week, following the clear-out on Friday when investors chose to book profits after 13 sessions of straight gains. Leads from offshore, while positive, are expected to be modest,...

More From Allvoices

Report Your News Got a similar story?
Add it to the network!

Or add related content to this report

Most Commented Reports

Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.