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BroadSoft Inc. (NASDAQ: BSFT) shares spiked 6.73 percent to close at $29.96 a share last Wednesday. The stock traded between $28.05 and $30.20 on volume of 861,171 shares traded. The company announced that Sprint has selected its BroadWorks platform to enhance VoIP services. Shares of BroadSoft are up approximately 10.0 percent year-to-date.
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Cinedigm Corp. (NASDAQ: CIDM) shares gained 5.81 percent to close at $2.55 a share last Wednesday. The stock traded between $2.32 and $2.56 on volume of 245,743 shares traded. The company announced that Palace Cinemas has agreed to use Cinedigm’s ENTERPRISE WEB in all of its existing and upcoming theaters. Shares of Cinedigm have gained approximately 25.0 percent year-to-date.
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PolyOne Corporation (NYSE: POL) shares increased 5.50 percent to close at $35.50 a share last Wednesday. The stock traded between $33.36 and $3.97 on volume 2.22 million shares traded. The company reported $924 million in revenue for the fourth quarter of 2013, an increase of 42.0 percent when compared to a year ago. Shares of PolyOne have gained over 50.0 percent in the past year.
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TherapeuticsMD Inc. (NYSEMKT: TXMD) shares jumped 6.12 percent to close at $6.24 a share last Wednesday. The stock traded between $5.50 and $6.48 on volume of 1.27 million shares traded. The company has reported positive study results of Vagicap, an experimental drug for the treatment of menopause symptoms. Shares of TherapeuticsMD have gained approximately 20.0 percent year-to-date.
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