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NASDAQ:SNEN,YRCW,PLUG are the Most Active Stocks Today
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Sinoenergy Corporation (NASDAQ:SNEN) surged 42.97% to $1.83 on a very unusual volume of 1.02 million shares compared to a daily trading average of 45k shares. The stock has a 52-week range of $0.80-$3.76. Today Sinoenergy Corporation announced that it has entered into an agreement with Skywide Capital Management Limited, pursuant to which the Company will be merged with and into Skywide. Upon the effectiveness of the merger, each issued and outstanding share of the Company's common stock, other than shares owned by Skywide, will automatically be converted into the right to receive $1.90 per share. Sinoenergy Corporation (Sinoenergy), is engaged in designing, manufacturing and marketing of pressurized containers for compressed natural gas (CNG).
YRC Worldwide Inc. (NASDAQ:YRCW) augmented 3.46% to $4.22 on massive volume of 1.38 million shares. The stock has a 52-week range of $0.89-$7.28. On October 9, 2009 YRC Worldwide Inc. reported in its Form 8-K that effective immediately Timothy A. Wicks, formerly Executive Vice President and Chief Financial Officer, was appointed Executive Vice President and Chief Operating Officer of the Company and Sheila K. Taylor, formerly Vice President, Investor Relations and Treasurer, was appointed Executive Vice President and Chief Financial Officer of the Company. YRC Worldwide Inc. (YRC Worldwide) is a holding company, through its wholly owned operating subsidiaries offers the customers a range of transportation services. The Company's operating subsidiaries includes YRC National Transportation (National Transportation), YRC Regional Transportation (Regional Transportation), YRC Logistics, and YRC Truckload (Truckload).
Plug Power Inc. (NASDAQ:PLUG) soared 4.59% to $1.14 on huge volume of 639k shares on no news. The stock has a 52-week range of $0.64-$1.55. Plug Power Inc. is a development stage enterprise involved in the design, development and manufacture of fuel cell systems for industrial-motive (forklift or material handling) markets and stationary power markets worldwide. The Company is developing a range of fuel cell products and services, including hydrogen fuel cell low-temperature proton exchange membrane (PEM) systems for motive, continuous and back-up power and a high-temperature fuel cell system for residential and light commercial co-generation.
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