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Aetrium, Inc. (NASDAQ: ATRM) shares surged 41.86 percent to close at $6.10 a share Friday. The stock traded between $5.59 and $8.24 on volume of 686,500 shares traded. The company announced that it has acquired KBS Building Systems, Inc., a manufacturer and distributor of modular housing units. Shares of Aetrium are down approximately 9.0 percent year-to-date.
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Genco Shipping & Trading Limited (NYSE: GNK) shares jumped 26.80 percent to close at $1.94 a share Friday. The stock traded between $1.50 and $2.91 on volume 36.79 million shares traded. According to Bloomberg the company has reached an agreement with lenders on a bankruptcy restructuring deal. Shares of Genco Shipping & Trading are down approximately 22.0 percent year-to-date.
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GrubHub Inc. (NYSE: GRUB) shares soared 30.77 percent to close at $34.00 a share Friday, its market debut. The stock traded between $34.00 and $40.80 on volume 10.97 million shares traded. The company is an online and mobile platform for restaurant pick-up and delivery orders for over 600 restaurants in the U.S. and London.
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SYNNEX Corporation (NYSE: SNX) shares spiked 23.26 percent to close at $76.94 a share Friday. The stock traded between $74.00 and $79.44 on volume of 1.08 million shares traded. The company reported revenues were $3.02 billion for the first quarter of fiscal 2014, an increase of 22.8 percent when compared to a year ago. Shares of SYNNEX are up approximately 14.0 percent year-to-date.
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www.FiveStarEquities.com/SNX
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