New York, NY - May 2, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Tuesday, May 01. The Nasdaq Composite rose 4.08 (0.13%) to close at 3,050.44.
Central Bancorp, Inc. (NASDAQ:CEBK) soared $12.60 (69.81%) to close at $30.65 after the company agreed to be acquired by Independent Bank Corp. for $54.8 million in cash. Independent Bank has agreed to exchange its shares for 60% of Central Bancorp's shares, and the balance is payable in cash at $32 per share.
- Published: 01 May 2012
- Written by Investor Ideas