An acquisition
in the Canadian technology space was one of the few bright spots Friday as many
stock prices slumped. Here’s some small stocks making big moves on Friday, September
11, 2015 (as of 4 pm EST):
Wanted Technologies Corporation (TSXV:
WAN) shares surged 50% to $1.76 on volume of more than 1.2 million shares
Friday after the provider of real-time market intelligence and analytics for
staffing and talent sourcing professionals announced that it has agreed to be
acquired by CEB Inc. (NYSE:
CEB) for C$1.79 per share in cash.
As well,
shares of ViXS Systems Inc. (TSX:
VXS) slid 16% to $0.38 as the media processing solutions provider said its second-quarter revenue
fell to $6.0 million from $10.0 million in the prior quarter, while its gross
margin for the period narrowed to 34.3% from 47.1%.
Critical Elements Corporation (TSXV:
CRE) stock, meanwhile, continued to move higher Friday, up 9% to $0.29. On
Wednesday, the resource project developer reported that it has signed a
strategic collaboration agreement with a leading chemical company, that
includes take or pay off-take for all products produced from the Rose
Lithium-Tantalum project in Quebec.
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