Stocks With Major News: Hot Stock List: E-Commerce China Dangdang Inc. (NYSE:DANG), CryoLife Inc. (NYSE:CRY), CounterPath Corporation (NASDAQ:CPAH)

April 25, 2023 8:23 pm20 commentsViews: 86

A business-to-consumer e-commerce company in China, E-Commerce China Dangdang Inc. (NYSE:DANG) released that its Board has got a non-binding offer letter, from Ms. Peggy Yu Yu, Chairwoman of the Board, and Guoqing Li, director as well as CEO of the firm, offering a going-private transaction. The Buyer Group proposes to acquire all of the outstanding ordinary shares of the company not already beneficially owned by them for $7.812 in cash per American depositary share, each representing five common shares. The Buyer Group currently beneficially owns approximately 35.9% of all the issued and outstanding common shares of the company, which represent approximately 83.5% of the aggregate voting power of the company. E-Commerce China Dangdang Inc. (NYSE:DANG) stock hit highest price at $7.27, beginning with a price of $7.25 to close at 6.51 by a loss of -2.54% with a day range of $6.95-$7.27.

CryoLife Inc. (NYSE:CRY) released that Japanese Pharmaceuticals and Medical Device Agency has permitted an enlarged suggestion for BioGlue, a surgical adhesive used in cardiovascular surgery. BioGlue is now specified for adhesion and support of hemostasis for aortotomy closure sites, suture/anastomosis sites, as well as suture sites on the heart. BioGlue was previously approved for aortic dissection procedures in Japan. The company said the expanded indication potentially doubles the estimated BioGlue market opportunity in Japan to over $10 million. CryoLife said its marketing partner in Japan, Century Medical, is expected to begin selling BioGlue in the third quarter of 2015 for the expanded indications. Shares of CryoLife Inc. (NYSE:CRY) opened at $11.40 with 28.33 million outstanding shares and hit to its highest price of $11.40 during the day and finally closed at $11.27 by scoring -1.05%.

CounterPath Corporation (NASDAQ:CPAH) reported that an integrator has reached into a multi-year, multi-million dollar agreement with the firm. According to terms of the contract, the integrator has initially ordered $400 thousand of Bria, SDK and Stretto software and services of an expected total order of about $2 million over the next three years. The integrator is contemplating to buy an additional $3 million of software and services during the same three year period, bringing the total deal value to around $5 million. On the other consideration, CounterPath Corporation (NASDAQ:CPAH) begun last trade with a price of $0.55 and throughout the trading session climbed at $0.58. The day-trade ended with an increase of 10.74% to close at $0.48. The stock is going forward its fifty-two week low with 16.15% and lagging behind from its 52 week high price with -78.16%. CPAH last month stock price volatility remained 10.08%.


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