Top Nasdaq Gainers In Early Trading: SPMD, NVLS, ACHC, LEAP, CEDC

SuperMedia Inc. (NASDAQ:SPMD) is up 48.81% this morning at $3.75. SPMD has traded 226 thousand shares so far today, three times its daily average. SPMD filed an 8-K. Since last Firday, SPMD stock has jumped from below $2.20 to over $3.60. The company has a market cap of 56.53 million.

Novellus Systems, Inc. (NASDAQ:NVLS) is up 21.76% this morning at $42.25. NVLS has traded 14.6 million shares so far today, way above its daily average of just 1.7 million shares. NVLS stock is up today after Lam Research acquired Novellus Systems for $3.3 billion in stock. The company has a market cap of 2.82 billion.

Acadia Healthcare Company, Inc. (NASDAQ:ACHC) is up 9.97% this morning at $8.27. ACHC has traded 1.2 million shares so far today, well above its daily average of just 28 thousand shares. Acadia announced a public offering of 8.3 million shares at a price of $7.50 per share this morning. Arcadia Healthcare has a market cap of 145.21 million.

Leap Wireless International Inc. (NASDAQ:LEAP) is up 7.60% this morning at $8.35. LEAP has traded 851 thousand shares so far this morning and trades 2 million shares a day on average. LEAP was upgraded this morning by Nizuho from neutral to buy. The company has a market cap of 653.31 million.

Central European Distribution Corp. (NASDAQ:CEDC) is up 12.50% this morning at $5.22. CEDC has traded 1.4 million shares so far today and trades 2.5 million shares a day on average. Russian Standard Group plans to raise its stake in CEDC to about 30% and take a management control over the company. This is a welcome rally for CEDC after the stock has dipped from $6 last week to $4.50 yesterday. The company has a market cap of 373.89 million.

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Rachel Brook is an up and coming financial writer focusing on commodity price inflation and how the overall market reacts to the price swings. She also covers emerging markets in Africa and SE Asia.
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