Here are Monday’s market winners and loser(s).
Biggest Winners
Shares of Pluristem Therapeutics, Inc. (NASDAQ: PSTI) are up 18.43% to $3.92 on trading volume of 3.2 million shares. The biotech company reported Monday its placenta-derived stem-cell treatment assisted restoration of bone-marrow in a patient suffering from lymphoma. Before Monday, the 52-week high was $3.85.
Shares of Best Buy Co. Inc. (NYSE: BBY) are up 15.25% to $20.32 on trading volume of 23.2 million shares. Company founder Richard Schulze announced he would make a bid of $24 to $26 a share to take the company private. The 52-week high is $28.53.
Biggest Loser
Shares of Knight Capital Group, Inc. (NYSE: KCG) are down 23.46% to $3.10 on trading volume of 43.6 million shares. A group of investors purchased $400 million in prefered stock in the company to keep it afloat after the fallout from last week’s trading glitch on the New York Stock Exchange. The 52-week low is $2.27.
Samuel Weigley