Inovio Pharmaceuticals, Inc. (NYSEAMEX:INO) is currently trading at
.565, 4.63% higher on a traded volume of 2.37 million shares. The company announced that the interim analysis of its SynCon universal H1N1 influenza vaccine showed that it generated protective HAI titers against some of the most prevalent strains of H1N1 influenza from the past 100 years in a phase I clinical trial.
American Apparel Inc. (NYSEAMEX:APP) jumped 5.36% to $1.18 on a traded volume of 797K shares. Last month, the company announced that it is raising its adjusted EBITDA guidance for fiscal 2012 to between $36 to $44 million from the prior estimate of $32 to $40 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EBITDA of $35 million for fiscal 2012.
Gastar Exploration Limited (USA)(NYSEAMEX:GST) is up 6.92% to $1.70 on a traded volume of 251K shares. The company announced today that Gastar Exploration USA, Inc., the wholly-owned subsidiary of Gastar, has declared a monthly cash dividend on its 8.625% Series A Preferred Stock ("Series A Preferred Stock") for September 2012.
GigOptix Inc (NYSEAMEX:GIG) soared 7.08% to $2.49 on a traded volume of 215K shares. Recently, the company announced that it has signed Altima Corporation, a subsidiary of Macnica Group, to be their Japanese distributor of optical and RF/MMIC products.
Great Basin Gold Ltd. (USA)(NYSEAMEX:GBG) among the losers and the stock fell 6.26% to
.232 on a traded volume of 2.10 million shares. Last month, Reuters reported that Great Basin Gold Ltd said its CEO had quit and the Company might be sold, after problems at its mines led to a cash crunch. Chief Executive Ferdi Dippenaar resigned as part of a process to consider strategic options such as a sale of the company or a portion of it, Great Basin said in a statement.
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