LONDON, UK / ACCESSWIRE / June 20, 2016 / ActiveWallSt.com announces its coverage of market signals with highlight on these Top Gainers from last Friday's session: Elizabeth Arden, Inc. (NASDAQ: RDEN), Vista Gold Corporation (NYSE: VGZ), BioScrip, Inc. (NASDAQ: BIOS), and Lumber Liquidator Holdings, Inc. (NYSE:LL). Register with us now for your free membership and get more on our signal alert and insight for Elizabeth Arden at:
http://www.activewallst.com/registration-3/?symbol=RDEN
Stock Market Performance
U.S Stock declined on Friday, June 17, 2016, finishing lower for the week, amid investors' concerns over the possibility that the U.K. may leave the European Union on top of lingering concerns about the Federal Reserve's reluctance to raise interest rate.
At the close of last Friday's trading session, the Dow Jones Industrial Average declined 57.94 points, or 0.33%, to 17675.16; lower by 1.1% for the week. The S&P 500 settled at 2071.22, down by 6.77 points, or 0.33%. The S&P 500 lost 1.2% for the week. The Nasdaq Composite Index fell 44.58 points, or 0.92%, to 4800.34.
Today, ActiveWallSt.com is promoting its market signals coverage with emphasis on RDEN, VGZ, BIOS, and LL. Get all of our reports for free by signing up to:
http://www.activewallst.com/register/.
Here we take a look at some of the top gainers for the day:
Top Gainers - Elizabeth Arden
On Friday June 17, 2016, shares of Elizabeth Arden, Inc. rocketed by $4.57, or 49.09%, closing the day at $13.88. Elizabeth Arden opened the trading session at $13.72, soaring to an intraday high of $13.89 before closing slightly lower at $13.88. A total of 33.54 million shares traded hands as compared to the three month average volume of 111,710 shares.
Shares of Elizabeth Arden shares soared after Revlon Inc. (NYSE: REV) announced that it is acquiring its cosmetics competitor for $14 per share in cash, or approximately $870 million; a 50% premium to its Thursday, June 16, 2016 closing price. Elizabeth Arden has been performing well even before the news on stock market, with shares of the company up 70.52% in the past one month and 40.20% since the beginning of the year.
Top Gainers - Vista Gold
Shares of Vista Gold Corporation was up by $0.25, or 20.83%, to close Friday's trading session at $1.45. Vista Gold’s stock opened the trading session at $1.26, rising up to $1.47 intraday before settling at $1.45. A total of 4.14 million shares changed hands as compared to the three month average volume of 668,410 shares.
Shares of Vista Gold has been following the rising Gold prices which closed the week up 1.48% as the precious metal finds more takers in the volatile market due to the upcoming Brexit referendum. Vista Gold's shares have gained 178.85% in the past three month and are up 417.86% year-to-date.
Top Gainers – BioScrip
On Friday, June 17, 2016, BioScrip, Inc.'s shares jumped 19.32% finishing the trading session at $2.47. BioScrip opened the trading session at $2.25, reaching an intraday high of $2.59 during the session. A total of 11.16 million shares changed hands as compared to the three month average volume of 632,090 shares.
BioScrip's stock price surged after the company announced the pricing of an underwritten offering of 40 million shares at $2.00 per share, in order to funds its $85 million acquisition of HS Infusion Holdings, or Home Solutions. Since the beginning of 2016, BioScrip's stock has gained 41.14%. For the past one month, the stock is marginally up by 0.82%.
Top Gainers - Lumber Liquidators Holdings
Shares of Lumber Liquidator Holdings, Inc. surged $2.55, or 19.27%, to close Friday's session at $15.78. Lumber Liquidators opened the trading session at $14.27, rising up to $16.49 intraday before settling at $15.78. A total of 7.12 million shares changed hands as compared to the three month average volume of 1.50 million shares.
Shares of Lumber Liquidator surged after Consumer Product Safety Commission (CPSC) announced that it would not recall the Chinese-made laminate flooring that Lumber Liquidator sold, on the condition that it will no longer sell the flooring under review. The Federal regulators were acting on complaints that its Chinese laminates contained noncompliant levels of formaldehyde. Lumber Liquidator's shares have gained 39.03% in the past one month.
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