ValueVision
Media, Inc. (NASDAQ:VVTV) soared 11.33% to $4.62. The company announced
the pricing of its previously announced underwritten public offering. The
Company is offering 4,900,000 shares of its common stock at $3.75 per share to
the public. Net proceeds from the offering are expected to be approximately $17
million after deducting the underwriting discount and estimated offering
expenses.
The offering is expected to settle and close on December 22, 2010.
Piper Jaffray & Co. acted as sole underwriter for this transaction.
At
current market price, the market capitalization of the company stands at $151.52
million.
HiSoft
Technology International Limited (NASDAQ:HSFT) jumped 7.76%
to $28.18. The company announced that its follow-on public offering (offering)
of 5,000,000 American depositary shares (ADSs), each representing 19 common
shares of the Company, was priced at USD26 per ADS.
The
stock opened at $26.80 and is trading within the range of $26.70-$28.28. The
stock jumped more than 170% year-to-date.
Acme
Packet, Inc. (NASDAQ:APKT) climbed 5.54% to $58.88 after it made its new
52-week high of $59.36. The 52-week range of the stock is $10.11-$59.36. The
stock skyrocketed more than 435% year-to-date.
The
stock has average daily volume of 1.40 million shares.
Local.com Corp. (NASDAQ:LOCM) rose 3.85% to $6.20. The average daily volume of the stock is 1.04 million shares. At current market price, the market capitalization of the company stands at $102.76 million.
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