News / Business
Biggest Tech. Stocks Gainers are CDNS, IO, SMTL
Stocks Gainers
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Cadence Design Systems, Inc. (NASDAQ:CDNS) climbs up over 5.69% to $6.09 on a volume of 3.34 million shares. The stock hit an intraday high and an intraday low of $6.12 and $5.70 respectively. In the last six months the stock went up over 12%. Cadence Design Systems, Inc. develops electronic design automation software and hardware. It licenses software, sells or leases hardware technology and provides engineering and education services worldwide to help manage and accelerate electronics product development processes.
ION Geophysical Corporation (NYSE:IO) climbs up over 4.40% to $5.46. The stock hit an intraday high and an intraday low of $5.54 and $5.16 respectively. In the last six months the stock went up over 116%. ION Geophysical Corporation, formerly Input/Output, Inc., is a technology-focused seismic solutions company that provides advanced seismic data acquisition equipment, seismic software, and seismic planning, processing, and interpretation services to the global energy industry.
Semitool, Inc. (NASDAQ:SMTL) climbs up over 30.24% to $10.94 after Applied Materials, Inc. and Semitool, Inc. announced a definitive agreement for Applied to acquire the outstanding shares of Semitool for $11 per share in an all-cash tender offer. Under terms of an agreement approved by the boards of directors of both companies, Applied Materials will pay an aggregate purchase price of approximately $364 million based on the fully diluted capitalization of Semitool.
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