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New York, NY -- (SBWIRE) -- 09/05/2013 -- Kaydon Corp. (NYSE:KDN) shares leap 23% after Sweden’s AB said it will buy the manufacturter of ball bearings and other industrial products for $35.50 a share in an all-cash deal that values Kaydon at around $1.25 billion, including debt. The purchase price represents a 22% premium to Kaydon’s closing stock price on Wednesday.
How Should Investors Trade KDN After Today’s Rally? Find Out Here
Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) shot up 14.69% at $8.43, over three times its normal average daily volume of 7.75M ADRs. The stock got a boost from a report from Craig-Hallum that said the company’s LCOS Micro display business could be highly profitable. Another analyst report said that faster adoption from smartphones and tablet devices were pushing up demand for the company’s small and medium flat panel displays.
How Should Investors Trade HIMX After The Recent Volatile Moves? Find Out Here
JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) shot up 0.74% at $8.73. Total traded volume of JASO was 2.29 million shares, while JASO’s average volume remained 2.05 million shares. During the last 3 months it rose with the percentage of +14.08. The analysts were positive on the industry citing robust demand projections for China and Japan, improved margins and a shift into project development business. On the daily chart, the stock simultaneously pushed out and above the falling channel since July and took out the 50-day moving average.
How Should Investors Trade JASO Now? Find Out Here
Shares of Rockwell Medical Inc (NASDAQ:RMTI) surged after it got regulatory endorsement to distribute $100 million in cash from its bank to the parent firm current month, marking the most recent step in the online brokerage’s attempts to improve its balance sheet. With a recent gain of +8.84% to $6.03, the share price of Rockwell Medical Inc has moved forward from its 20 days moving average with 13.13% and remote positively from 50 days moving average with 25.40%.
Will RMTI Extend Rally In The Coming Week? Find Out Here
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