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New York, NY -- (SBWIRE) -- 11/01/2012 -- Jda Software Group Inc (NASDAQ:JDAS) JDA Software Group reported that it has entered into a definitive merger agreement with entities affiliated with RedPrairie under which JDA shareholders will receive $45.00 per share in an all-cash transaction. Previously on Wednesday, JDA Software rose 12% due to the company announcing earlier that it was exploring a sale. Trading at the high of day of $44.78 (+17.38%) with over 17million shares that have exchanged hands.
ABIOMED, Inc. (NASDAQ:ABMD) Although ABIOMED recently reported higher profits and revenues from a year ago, the company plunged this morning on pre-market trades due to them disclosing that on October 26, 2012, it was informed that the U.S. Attorney's Office for the District of Columbia is conducting an investigation focused on its marketing and labeling of the Impella 2.5. Bouncing off the current low of day of $13.265, Abiomed is trading at an intraday of $14.00 (-29.36%) with over 3million shares exchanged, will Abiomed bounce further? Stick around.
Cirrus Logic, Inc. (NASDAQ:CRUS) Cirrus Logic reported strong results for the fiscal second quarter accompanied by guidance for the fiscal third quarter that will beat expecations. Although this positive news was announced, Cirrus has been bleeding this morning, reaching a current low of day of $34.12, Cirrus is trading at an intraday of $35.315 (-13.40%) with over 7.4million shares traded, will Cirrus continue to bounce and and close green today? Stick around.
Sourcefire, Inc. (NASDAQ:FIRE) Sourcefire had just reported record revenue for Q3 beating expectations, and estimates for Q4 revenues are even higher. Sourcefire is on a bullish outbreak, trading at an intraday of $15.05 (+16.97%) with over 1.8million shares that have exchanged hands. With great revenues and high expectations for Q4 will Sourcefire break it's current 52 week high of $59.64 in the near future? Stick around.
Zumiez Inc. (NASDAQ:ZUMZ) Zumiez Inc. reported Wednesday that a key sales measure improved at its stores during October but the action-sports retailer's growth fell far short of the improvement that analysts expected. The company blamed the weak economy in Europe and had lowered its fiscal third-quarter earnings guidance. Zumiez is trading at an intraday of $21.92 (-13.43%) with over 2.1million shares exchanged.
View Full NASDAQ Report: http://toonicestocks.com/news/2670-nasdaqs-moving-aggressively-q3-and-future-expectations-jdas-abmd-crus-fire-zumz
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