Stocks are down Monday, with the Dow Jones Industrial Average down 0.50%, the Nasdaq down 0.46% and the S&P 500 down 0.44%. Today’s big winners both shot up after announcing they would be bought out, while today’s only loser has been consistently on the list since a trading glitch on the New York Stock Exchange earlier this month.
Here are Monday’s market winners and loser.
Biggest Winners
Shares of FSI International Inc. (NASDAQ: FSII) are up 52.23% to $6.15 on trading volume of 8.4 million shares. Tokyo Electron Limited will buy the chip-equipment manufacturer for $6.20 a share. Before Monday, the 52-week high was $5.44.
Shares of Focus Media Holding Ltd. (NASDAQ: FMCN) are up 10.27% to $25.78 on trading volume of 6.8 million shares. A consortium including the Carlyle Group and CITIC Capital Partners plans to take the company private for $27 a share. The 52-week high is $32.79.
Biggest Loser
Shares of Knight Capital Group Inc. (NYSE: KCG) are down 6.55% to $2.71 on trading volume of 5.6 million shares. The company is staving off bankruptcy after a $440 million trading loss due to a technical glitch on Aug. 1. The company has received financing from multiple institutions to stay afloat. The 52-week low is $2.27.
Samuel Weigley
Top Gaining Stocks
Top Losing Stocks