POINT ROBERTS - September 26, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Friday September 23rd. NASDAQ closed higher by +27.56 (+1.12%) to 2483.23.
Insurance Company, Harleysville Group Inc. (NASDAQ:HGIC) was the top percentage gainer for the session closing higher by 5.99 (23.65%) to $31.32. Nationwide Mutual Insurance Co., the eighth-largest U.S. personal auto insurer, is in talks to buy Pennsylvania-based rival Harleysville Group Inc. (HGIC) and its parent firm, said people with knowledge of the negotiations. The Company through its subsidiaries, engages in the property and casualty insurance business primarily in the eastern and Midwestern United States
MannKind Corporation (NASDAQ:MNKD) surged 0.56 (17.61%) to close at $.74 after the company said that it plans to sell $370 million in debt to help fund development and product trials.
MannKind Corporation focuses on the discovery, development and commercialization of therapeutic products for patients with diseases such as diabetes and cancer.
Renewable Energy Stock, American Superconductor Corporation (NASDAQ:AMSC) closed with an impressive gain of 0.61 (13.65%) to end the day at $5.08 after the company announced its recent successes in the wind power and power grid markets, including nearly $100 million in new contracts since the start of the company’s fiscal year on April 1, 2011. AMSC signed contracts with wind turbine manufacturers in China, India and Korea. Within its Grid segment, AMSC received orders for its grid interconnection and high voltage stability solutions in the U.S. and Europe and made a key high temperature superconductor wire shipment to South Korea.
Retailer, Syms Corp. (NASDAQ:SYMS) ended at $9.54, up 1.08 (12.77%) after falling about 10% in the past one week. The stock is up 37% so far this year. It has a 52-week range of $6.11-$12.99.
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