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Thursday's NASDAQ Morning Movers; CCRT, AMCN, SINA, TSON

CCRT Bounces on Buy-Back Offer

Category: Investment

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Visit this company: CompuCredit Holdings Corporation

New York, NY - August 16, 2012 (Investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector for independent investors reports on the top percentage gainers on the NASDAQ for Thursday August 16th. The NASDAQ is up 11.83 points at the time of this report.

CompuCredit Holdings Corporation (NASDAQ: CCRT) is the top percentage gainer in morning trading, currently at $ 6.98, spiking $ 1.96 or 39.04% on volume of 401,530 shares. The Company reported today that it has commenced a cash tender offer for up to 8,250,000 shares of its outstanding common stock, no par value per share, at a purchase price of $10.00 per share.

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AirMedia Group Inc (NASDAQ:AMCN) is up, trading at $ 2.18, adding 0.28 a share or 14.74% on light volume of 19,040.

Sina Corporation (NASDAQ:SINA) is up 12.02%, trading at $ 57.02, moving 6.12 on volume of 6,068,724 shares. The Company reported second quarter results on the 15 th.

TranS1 Inc. (NASDAQ:TSON) is on the move, trading at $ 2.6399, up 0.21 or 8.64% on light trading of 5,300 shares.

The Providence Service Corporation (NASDAQ:PRSC) gained 7.86%, trading at $ 11.94, up 0.87 on 60,796 shares.

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