Unusual 11 Mid-Day Movers 9/25: (LPDX) (CNET) (FNJN) Higher; (USU) (OMN) (CREG) Lower - InvestingChannel

December 28, 2024

Unusual 11 Mid-Day Movers 9/25: (LPDX) (CNET) (FNJN) Higher; (USU) (OMN) (CREG) Lower

by Street Insider083

LipoScience, Inc. (Nasdaq: LPDX) 62.4% HIGHER; Lab Corp. and LipoScience announced that they entered into a definitive merger agreement under which LabCorp would acquire LipoScience for a purchase price of $5.25 per share in cash, or a transaction value of $85.3 million which represents a total enterprise value of approximately $63 million. The Board of Directors of LipoScience has unanimously approved the agreement and recommended approval of the transaction by LipoScience’s stockholders.

ChinaNet Online Holdings (Nasdaq: CNET) 31.1% HIGHER; announced that ChinaNet participated in 2014 Sina Supporting Wings Corporate Marketing Summit by Sina with growing perspectives on new digital