NASDAQ Morning Movers; (ZIP), (RJET), (IQNT), (VISN)
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Visit: Zipcar Inc.
New York, New York - January 2, 2013 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors reports on the top percentage gainers on the NASDAQ for January 2nd, 2013.
Zipcar Inc., (NASDAQ:ZIP) trading at $12.24 jumped up $4 or 48.54% on a volume of 4,958,475 shares, making it today's top morning mover. Earlier this morning Avis (NASDAQ:CAR) announced that it will pay Zipcar (NASDAQ: ZIP) shareholders $12.25 a share to take the company off their hands, a nearly 50% premium to where Zipcar closed on Monday. The $491 million though surprising may prove necessary for both companies.
Republic Airways Holding Inc., (NASDAQ:RJET) trading at $6.50 gained $0.82 or 14.44% on a volume of 312,912 shares.
Neutral Tandem Inc., (NASDAQ:IQNT) trading at $2.90 moved up $0.33 or 12.84% on a volume of 1,093,428 shares.
VisionChina Media Inc., (NASDAQ:VISN) trading at $3.40 gained $0.35 or 11.48% on a volume of 6,817 shares.
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