[ACCESSWIRE]
LONDON, UK / ACCESSWIRE / June 24, 2016 / ActiveWallSt.com announces its coverage of market signals with highlight on these Top Gainers from Thursday’s session: ZAIS Group Holdings, Inc. (NASDAQ: ZAIS), Power REIT (NYSE: PW), and GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL). Register with us now for your free membership and get more on our signal alert and insight for ZAIS Group Holdings at:
http://www.activewallst.com/registration-3/?symbol=ZAIS
Stock Market Performance
On Thursday, June 23, 2016, U.S. stock indexes closed higher, as markets remained confident that the U.K. will remain in the European Union in a historic referendum.
The Dow Jones Industrial Average advanced 230.24 points, or 1.23%, finishing the day at 18,011.07. The NASDAQ Composite Index jumped 76.72 points, or 1.59%, ending the trading session at 4,910.04.
The S&P 500 index gained 27.87 points, or 1.34%, closing at 2,113.32, above the psychologically important 2,100 level.
Today, ActiveWallSt.com is promoting its market signals coverage with emphasis on ZAIS, PW, and GOL. Get all of our reports for free by signing up to:
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Below we take a look at some of the top gainers for yesterday:
Top Gainers - ZAIS Group
On Thursday June 23, 2016, shares of ZAIS Group Holdings, Inc. (NASDAQ: ZAIS) skyrocketed 185.11%, closing the day at $4.02. Zais opened the trading session at $1.36 before soared to an intraday high of $4.63 during the session. A total of 6.77 million shares traded hands as compared to the three month average volume of 115,110 shares.
On June 17, 2016, ZAIS announced a quarterly dividend of $0.40 per share payable on July 15, 2016, to stockholders on record as of June 30, 2016. This represents a $1.60 annualized dividend and a dividend yield of 11.11.
Shares of Zais are up 119.67% in the past one month.
Top Gainers - Power REIT
Shares of Power REIT rose $1.51, or 31.79%, to close Thursday's trading session at $6.26. The stock opened the day at $4.75, hitting an intraday high $6.99. A total of 57,700 shares changed hands as compared to the three month average volume of 256,000 shares.
Shares of Power REIT surged a day after solar panel maker SolarCity Corp. (NASDAQ: SCTY) received a $2.8 billion buyout offer from Tesla Motors Inc. (NASDAQ: TSLA). Power REIT is leasing land to companies involved in alternative energy and railroad transportation and owns about 600 acres of land leased to solar farms.
Power REIT's stock price has gained 34.62% in the past one month and 19.92% in the past one year as compared to the S&P 500 which is up 0.52% during the same time frame.
Top Gainers - GOL Linhas Aereas Inteligentes
Yesterday, GOL Linhas Aereas Inteligentes S.A.'s shares jumped 13.96% at the closing bell, after opening the trading session at $9.22, hitting an intraday high of $10.21 and settling at $10.12. A total of 550,900 shares changed hands as compared to the three month average volume of 262,060 shares.
The stock surged after Brazil's lower house of Congress approved a bill to remove restrictions on foreign ownership of the country's airlines on June 21, 2016. GOL Linhas Aereas had earlier this week announced that it had sweetened an offer to restructure $780 million in debt. It is noteworthy to state that Delta Air Lines Inc. (NYSE: DAL) owns a minority stake in the company.
Since the beginning of 2016, BioScrip stock has advanced 77.54%, while the stock has jumped 45.82% in the past one month.
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SOURCE: Active Wall Street
