(Bloomberg) -- The following is a list of companies whose shares are having unusual price changes in U.S. exchanges today. Stock symbols are in parentheses after company names. Share prices are as of 10:10 a.m. New York time.
Avalon Pharmaceuticals Inc. (AVRX US) rose 38 cents, or 8.2 percent, to $5 and traded as high as $5.25. Shares of the drugmaker may rise more than 180 percent in a year on the promise of a drug in early-stage trials, Business Week reported in its ``Inside Wall Street'' column, citing Patrick Flanigan of WR Hambrecht & Co. Flanigan said the drug AVN944, designed to inhibit tumor-cell growth, could have peak sales of $550 million, according to the magazine.
Read more at Bloomberg Stocks News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment