Stockpickr Lists: Data Domain IPO Soars

Stock quotes in this article: DDUP , SRDX , MRK , ASPV , SPEC , SNSTA , BX , GRMN  

Editor's note: In this feature from Stockpickr, we highlight lists of stocks that have made new highs, lows or seen other unusual activity.

Biggest % Gainers: Data Domain(DDUP Quote), which provides data backup and disaster-recovery systems, rocketed 66% in its first day of trading Wednesday. The 7.4 million shares priced at $15 apiece and gained $9.95 on the day, closing at $24.95.

52-Week Highs: Small-cap health-care diagnostics company SurModics(SRDX Quote) shot up 19% Wednesday, after it announced a lucrative partnership with Merck(MRK Quote). The deal to produce eye-disease drugs states Merck will lead and fund development and commercialization and SurModics will manufacture and supply clinical and commercial products. SurModics rose $7.21 to a 52-Week high of $44.57.

Rising on Unusual Volume: Trading nearly 10 times its average volume, Spectrum Control(SPEC Quote) climbed 18% after the maker of electronic products posted larger-than-expected second-quarter earnings and boosted guidance. Shares rose $2.47 to $16.34.

Biggest % Losers: Shares of Impac Mortgage(IMH Quote) plunged 22% Wednesday, after the company announced it won't declare a second-quarter dividend. Impac said it made the decision following higher-than-expected losses from accelerating liquidation of its real-estate-owned portfolio via an auction process. The Irvine, Calif. mortgage investment company's shares were down $1.27 to $4.59.

52-Week Lows: Aspreva Pharmaceuticals(ASPV Quote) dropped 10% to a 52-week low after a study showed its drug CellCept failed to treat a type of lupus significantly better than traditional intravenous treatment. The Canadian drug developer was down $1.90 to $17.13.

Latest Activist Situations: In a 13D filing on Sonesta International Hotels(SNSTA Quote), Mercury Real Estate Advisors disclosed a 9.4% stake in the company. The firm also disclosed a letter to Sonesta applauding the company's move to hire Goldman Sachs to explore strategic options. The stock slid 27 cents to $17.13.

Forum of the Day

akod opens discussion on Blackstone's(BX Quote) House Of Pain.

Do You Know the Answer?

Any opinions on Garmin(GRMN Quote), Trapper81 asks.

Feeling Lucky?

And finally, try picking a random portfolio suited to do-it-yourselfers with more detailed analysis at I'm Feeling Lucky.

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