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Unusual 11 Mid-Day Movers 7/30: GGC, VCI, AMSC, CBT Higher; INO, AIQ, ICAD, LEE Lower

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    Last Updated: July 30th, 2009

    Georgia Gulf Corp. (NYSE: GGC) 131% HIGHER; the company announced the closing of its previously announced private debt exchanges and the effectiveness of a long-term amendment to its senior secured credit agreement. Georgia Gulf accepted $736 million of tendered bonds in debt-for-equity exchange that reduces debt by more than 50% and reduces annual cash interest costs by $69.

    Inovio Biomedical Corporation (NYSE: INO) 31.1% LOWER; Yesterday’s 330% momentum mover, Inovio, just announced today that it has received commitments from institutional investors to purchase $30 million of securities in a registered direct offering. Click here for the full report.

    Valassis (NYSE:

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