Big Gainers – ACUR, UNXL, IVAN, CLDX, IN
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Acura Pharmaceuticals, Inc.(NASDAQ:ACUR) shares jumped 71.33% and closed at $2.45 in the last trading session. The company announced the launch of Nexafed [pseudoephedrine hydrochloride (HCl)], a 30 mg immediate-release next generation pseudoephedrine product, combining effective nasal-congestion relief with a unique technology that disrupts the conversion of pseudoephedrine into the dangerous drug, methamphetamine. Nexafed is now available to national and regional drug wholesalers and will be available to pharmacies soon.
How Should Investors Trade ACUR After The Recent Volatile Moves? Find Out Here
Uni-Pixel Inc(NDA)(NASDAQ:UNXL) shares climbed 54.53% and closed at $15.07 in the previous trading session after the company announced that it has joined forces with a manufacturer of personal computers to develop and introduce products that feature touch screens based on UniPixel’s UniBoss pro-cap, multi-touch sensor film. UniPixel has granted the PC maker a limited exclusive license in the notebook market segment for UniBoss Performance Engineered Film technology that provides the licensee priority development, dedicated production capacity and preferred pricing.
Is UNXL Showing Any Sign of Buy At The Current Market Price? Get Our Free Trend Analysis Here
Ivanhoe Energy Inc. (USA)(NASDAQ:IVAN) shares jumped 38.02% to $0.770 . The company said that its wholly owned subsidiary, Sunwing Zitong Energy, has won approval from the China’s Ministry of Commerce to transfer its participating interest in the Contract for Exploration, Development and Production in the Zitong Block, Sichuan Basin, to Shell China Exploration and Production Co.
Can IVAN Rebound After The Recent Slump and Investors Can Make Money? Find Out Here
Celldex Therapeutics, Inc.(NASDAQ:CLDX) shares gained 25.54% to $6.93 after the company announced results over the weekend of a Phase 2b study of its drug candidate targeting advanced breast cancer. CDX-011 phase 2 study results in patients with glycoprotein NMB (GPNMB)-expressing, advanced, heavily pretreated breast cancer.
Additionally, CLDX‘s stock had its “buy” rating reaffirmed by research analysts at Brean Murray in a report released yesterday. They currently have a $14.00 target price on the stock.
Is CLDX Ready To Move Back To New Highs This Year? Find Out Here
Intermec Inc.(NYSE:IN) stock gained 23.18% to $9.83 after Block & Leviton LLP, a Boston-based law firm representing investors nationwide, has commenced an investigation into possible breaches of fiduciary duty by the Board of Directors of Intermec concerning the proposed acquisition of the Company by Honeywell International Inc. (“Honeywell”) in a cash transaction scheduled to close by the second quarter of 2013. Under the terms of the proposed merger agreement, Honeywell will acquire Intermec in a cash deal for approximately $10.00 per Intermec share, setting a value for the Company at approximately $600 million.
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