Midday Gainers From September 19 - Alibaba Group Holding Ltd, Concur Technologies, Inc. And More
Chinanet Online Holdings Inc (NASDAQ: CNET) +130% - In the wake of the Alibaba IPO, shares surged on report of discussions with Alibaba’s Taobao.
Alibaba Group Holding Ltd (NYSE: BABA) +37% - Shares were initially priced at $68 per share, but opened at $92.70. The IPO is the largest in history.
Concur Technologies, Inc. (NASDAQ: CNQR) +17% - On Thursday SAP SE agreed to buy Concur Technologies in a deal valued at $8.3 billion.
Otonomy Inc (NASDAQ: OTIC) +20% - Shares through the $20 resistance late Thursday; momentum continued into Friday on above average volume.
Dresser-Rand Group Inc. (NYSE: DRC) +10% - Renova announced its as acquired a 4.99 percent stake in the company.
Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) +7.5% - Shares broke through $100 resistance on above average volume. In addition, analysts at Deutsche Bank raised their price target to $127 Tuesday.
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