Posts Tagged ‘DSCM’

WOLF howls, DSCM being bought, MNOV slumps

Thursday, March 24th, 2011

Great Wolf Resorts, Inc.(NASDAQ: WOLF) shares jumped 7.2% to $2.23, after it announced that it has completed the sale of its Blue Harbor Resort in Sheboygan, Wisconsin, to Claremont New Frontier Resort LLC for $4.2 million., inc. (Nasdaq: DSCM) did incredible business Thursday, trading in 53.7 million shares, dwarfing its daily average of 849,685. Share prices for DSCM skyrocketed 111.2% to $3.78, on news Walgreen (NYSE: WAG) was buying the chain for $429 million in cash.

MediciNova Inc. (Nasdaq: MNOV) plummeted in price by 23.3% to $2.73 Thursday. Volume for the stock 850,000 shares, leaving its average of 13,364 in the dust, a day after MNOV priced a firm-commitment underwritten public offering of 2,750,000 units at a price to the public of $3.00 per unit for gross proceeds of $8.25 million.