Notable Gainers: Majesco Entertainment, OCZ Technology Group Inc. (NASDAQ:OCZ), Glu Mobile Inc. (NASDAQ:GLUU), China Xiniya Fashion

Lakeway, NY -- (SBWIRE) -- 03/13/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Majesco Entertainment Co. (NASDAQ:COOL) jumped up 24.14% and closed at $0.720. The company reported first quarter net revenues of $23.5 million versus $66.2 million in the same period a year ago. During the first quarter of fiscal 2013, the Company reported an operating loss of $2.0 million compared to operating income of $7.6 million in the first quarter of fiscal 2012. Net loss for the first quarter was $2.1 million compared to net income of $7.7 million in the first quarter of fiscal 2012. On a non- GAAP basis, the net loss for the quarter was $1.1 million compared to non-GAAP net income of $7.3 million in the first quarter last year.

Get Latest News, Updates on COOL Here

OCZ Technology Group Inc. (NASDAQ:OCZ) jumped up 20.69% and closed at $2.10. The Company announced that it has entered into a $30 million loan and security agreement with Hercules Technology Growth Capital, Inc. This loan agreement consists of a $15 million term loan and a $15 million revolving loan facility

Is OCZ a Strong Buying Opportunity After The Recent Slump? Find out Here

Glu Mobile Inc. (NASDAQ:GLUU) increased 16.94% and closed at $2.83. Glu Mobile Inc. announced the availability of the company's first real-money mobile gambling offering through Probability plc, the mobile entertainment gambling provider. The mobile slot game features intellectual property from Glu's popular Samurai vs. Zombies Defense and is made available to mobile real-money gamers in the UK through Probability's distribution network.

Is GLUU Signaling a Buy After The Sudden Slump? Don’t Miss Out Free Trend Analysis Here

China Xiniya Fashion Ltd (ADR) (NYSE:XNY) went up 14.81% and closed at $1.55. So far this year, the stock is up over 35%. The 52-week range for the stock is $0.96 and $2.25. China Xiniya Fashion Limited is a provider of men’s business casual apparel in the People’s Republic of China. The Company designs, manufactures and sells men’s business casual and business formal apparel and accessories, which it markets under the Xiniya brand and sell through its distribution network.

Is XNY Signaling a Buy After The Sudden Slump? Don’t Miss Out Free Trend Analysis Here

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