Top Small cap Stock Movers (HAUP, EFJI, GLG, BBI)

Hauppauge Digital, Inc. (NASDAQ:HAUP) dropped by 68 cents, or 17.30%, to $3.25, retracing some of last week's 281% surge, after the company late Friday posted a second-quarter loss of 9 cents a share on revenue of $13.8 million.

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EF Johnson Technologies, Inc. (NASDAQ:EFJI)  slid 2% to $1.01 after it said it will be acquired by an affiliate of private-equity fund Francisco Partners for $1.05 per share. Shares of EJ Johnson closed Friday at $1.03. The 50-day average daily volume for EF Johnson is 72,000.

GLG Partners, Inc. (NYSE:GLG) jumped by $1.40, or 48.28%, to $4.31 after Man Group said it will acquire the asset management company through a cash merger and a share exchange.

Blockbuster Inc. (NYSE:BBI) rose 1.63% to $0.412 as the company is seeking to divest its non core international assets. The company is planning to improve its terms of credit for recapitalizing the company. BBI’s shares lost 19% to close at $0.405 on Friday.

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