Double Digit NASDAQ Stock Winners: NAOV, MITT, NWHM

8:01 am Monday, July 26th, 2021

Following are major stock gainers on Nasdaq in Friday’s trading session:

NanoVibronix, Inc. (NASDAQ:NAOV) was the active stock gainer on Friday and soared 248% to $2.61 after the company announced that The Journal of Medical & Surgical Urology is publishing an article with overwhelmingly positive findings from a study of patients that used its UroShield in real world settings.

“This independent study is further proof of the effectiveness and applicability of our UroShield device in reducing the incidence of urinary tract infections and the pain and discomfort caused by urinary catheters,” stated Brian Murphy, Chief Executive Officer of NanoVibronix, Inc. “As we would expect, the patient experiences in the study were statistically significant, with all responding patients reporting that our device was simple, easy to use and materially benefitted them. The patient experiences were so profoundly positive that 100% of the study’s participants are continuing to use the device following the conclusion of the study.”

AG Mortgage Investment Trust, Inc. (NASDAQ:MITT) was another notable winner as the stock went up 192% to end the session at $10.78. AG Mortgage Investment Trust, Inc. is a hybrid mortgage REIT that diversifies its funds by using Credit Investments and Agency RMBS. Using both residential and commercial investments, the REIT remains privately-held, increasing profits for its shareholders. It is managed by AG REIT Management.

The New Home Company Inc (NASDAQ:NWHM) surged 83% to $8.89. The New Home Company (NYSE: NWHM) (“NWHM” or “the Company”) and funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries “Apollo”) today announced that they have entered into a definitive merger agreement pursuant to which the Apollo Funds have agreed to acquire the Company in an all-cash transaction for $9.00 per share. The transaction values NWHM at an enterprise value of approximately $338 million.