Today's Big Gainers: PRLS, LNC, MCRS, WPCS, DLLR
Friday, August 27, 2021 2:41 PM

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Peerless Systems Corporation (NASDAQ: PRLS) jumped more than 12% after it announced that it intends to commence a public tender offer to repurchase from its stockholders up to $45 million (or approximately 13.85 million shares) of its common stock at a price of $3.25 per share in cash. The offering price is a 14.4% premium over the $2.84 closing stock price on August 26, 2010.

Shares of Lincoln National Corp. (NYSE: LNC) surged more than 9% on Friday on speculation that the insurer may be acquired by Manulife Financial Corp. (NYSE: MFC).

Micros Systems, Inc. (NASDAQ: MCRS) jumped more than 12% on Thursday, a day after the company posted better-than-expected quarterly results and forecast fiscal 2011 revenue above Wall Street estimates. 

Shares of WPCS International Inc. (NASDAQ: WPCS) soared as much as 30% after investor Bryant Riley offered to acquire the company at $3.50 per share. 

Dollar Financial Corp. (NASDAQ: DLLR) soared more than 20% on Friday, a day after the payday lender and pawnshop operator results topped analysts' estimates.

Disclosure: Author doesn't own any of the stocks discussed here.

 

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  • Today's Big Gainers: PRLS, LNC, MCRS, WPCS, DLLR Aug 27, 2021 02:41 PM

    Peerless Systems Corporation (NASDAQ: PRLS) jumped more than 12% after it announced that it intends to commence a public tender offer to repurchase from its stockholders up to $45 million (or approximately 13.85 million shares) of its common stock at a price of $3.25 per share in cash.

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