Dallas, TX 10/13/2009 12:00:44 AM
BPHX, NLS, CAGC are the top Losers of the day
Top losers
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BluePhoenix Solutions, Ltd.(USA) (NASDAQ:BPHX) fell $0.42 or 11.70% to $3.17 on over 215K shares after BluePhoenix Solutions, the leader in value-driven legacy modernization, today announced that it has entered into a Securities Purchase Agreement with certain institutional investors for the sale of approximately $4.2 million of its ordinary shares at a purchase price of $3.05 per share. Pursuant to the Securities Purchase Agreement, the investors also received 818,744 Series A warrants, 1,364,575 Series B warrants and 818,744 Series C warrants(collectively, the "Warrants"), each exercisable for the purchase of the Company's ordinary shares.
Nautilus, Inc. (NYSE:NLS) decreased 11.51% to $2.00 after 283K shares being traded in early trade on no news. The stock has ranged from $0.45 to $3.62 over the last 52-weeks. So far the stock prices shoot up over 18% in last 5 trading sessions. Nautilus, Inc. is a global fitness products company. The Company’s principal business activities include designing, developing, sourcing, manufacturing and marketing cardiovascular and strength products and related accessories.
China Agritech Inc. (NASDAQ:CAGC) fell 7.82% to $19.10 on over 129K shares amid no news. The stock hit an intraday high of $20.69 and an intraday low of $18.80. So far the stock prices shoot up more than 40% in last six months of its trade. China Agritech, Inc. is a holding company for its direct and indirect subsidiaries, which manufacture and sell organic liquid compound fertilizers and related agricultural products.
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