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Los Angelas, CA -- (SBWIRE) -- 01/02/2013 -- Zipcar Inc (NASDAQ:ZIP) is being acquired by Avis Budget Group Inc. for $500 million. Avis Budget Group Inc. has offered $12.25 per share in cash, a nearly 50 percent premium over Monday’s close for Zipcar Inc shareholders. The deal is expected to close in the spring of 2013. Shares of Zipcar Inc were trading slightly below the offer price in morning trade, while Avis Budget Group Inc. gained 2 percent.
Should ZIP a Buy or Sell Now? Find Out Here
MGIC Investment Corp. (NYSE:MTG) traded with volume of 6.35 million shares and the average trading capacity of the stock remained 3.68 million shares.
The 5 days graph represented the gain of +13.68% and the three month performance of MTG was also positive +73.86%.
How Should Investors React To MTG Now? Find Out Here
3D Systems Corporation (NYSE:DDD) was the top performing company of 2012 with a performance of 270.49%. The stock, as of last close, traded 273.08% up from its 52 week low. Its latest closing price was 50.15% above the SMA200 while the distance from SMA 50 and SMA 20 was +20.71% and +11.46% respectively.
Can DDD Rebound After The Recent Slump and Investors Can Make Money? Find Out Here
Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) shares increased 9.29% to $1.53. The company, on Dec. 18, announced that its solar modules have passed the Blowing Sand Test based on DIN EN 60068-2-68 LC2 by SGS, the world’s leading inspection, verification, testing and certification company. The SGS test result confirms that Suntech’s solar modules are suitable for solar installations in desert regions.
How Should Investors Trade STP After The Recent Volatile Moves? Find Out Here
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