Atlanta, GA 6/13/12 (StreetBeat) – Following are some of Wednesday’s biggest gaining and declining stocks:
Kit Digital Inc. (Nasdaq:KITD) added nearly 11%. The company, in a Securities and Exchange Commission filing, said that it is in talks with several prospective buyers. The company said it expects to report more details soon.
Simulations Plus (Nasdaq:SLP) shares added 5.3%. The company said earlier Wednesday that it signed a collaboration agreement with a major pharmaceutical company to extend and enhance its oral cavity dosing model within its GastroPlus simulation-software program.
A123 Systems (Nasdaq:AONE) shares shed 18% on Wednesday. The shares gave back some of their 52% gain in the previous session. On Tuesday, the Waltham, Mass., maker of batteries for electric cars said it’s introducing a “breakthrough” lithium ion power cell, dubbed Nanophosphate EXT. I
3D Systems Corp (NYSE:DDD) fell 5%. The company said Tuesday afternoon that it plans to sell $100 million of new stock to fund acquisitions and run its business.
Scotts Miracle-Gro (NYSE:SMG) shares fell 12%. Scotts said late Tuesday that it will come up short of its prior fiscal-year forecast as sales growth momentum at its biggest U.S. retail partners has fallen off.
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