Updated from 2:03 p.m. EDT with new stock prices
Small-cap stocks outpaced the major indices on a strong move higher Monday as a rally in financials and bullish housing data spurred renewed confidence in the market.
Radio One (ROIAK Quote) gained 58.6% to $1.76. The Lanham, Md., radio broadcasting company announced it would sell KRBV, its Los Angeles station, to Bonneville International for about $137.5 million. Radio One also said its board had authorized a buyback for up to $150 million of stock through 2009.
Synplicity (SYNP Quote), a Sunnyvale, Calif.-based maker of software for the design and verification of semiconductors, rocketed up 47.6% to $7.85. On Thursday, Synplicity announced it was being acquired by Synopsys (SNPS Quote) for $227 million, or $8 a share. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,328.89 | 1,102.47 | 2,211.69 | 35.46 |
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