Tuesday`s Top Percentage Stock Movers (LXRX, SQNM, ADY, UWBK)
Top Percentage Movers.
(EMAILWIRE.COM, March 17, 2010 ) Dallas, Tx - Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) fell 9.86% to $1.28 on 35.82 million shares. The company announced the pricing of a public offering and concurrent private placement of its common stock in which the aggregate net proceeds to Lexicon will be approximately $165.0 million. The public offering consists of 87,717,391 shares of its common stock at a public offering price of $1.15 per share.
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Sequenom, Inc. (NASDAQ:SQNM) decreased 21.65% to $6.08 on 28.22 million shares. The company posted a wider-than-expected quarterly loss, hurt by rising costs and lower average selling price for its systems in the genetic analysis business. Net loss for the fourth quarter was $18.4 million, or 30 cents a share, compared with a net loss of $15.4 million, or 25 cents a share, in the year-ago period.
American Dairy, Inc. (NYSE:ADY) went up 7.70% to $21.67 on 1.18 million shares. The company posted a loss for the fourth quarter ended 31 December 2009, hurt by a 45% decrease in revenues. Fourth-quarter net loss attributable to common shareholders were US$26.98 million or US$1.34 per share compared to a profit of US$25.11 million or US$1.42 per share in the year-ago period.
United Western Bancorp, Inc. (NASDAQ:UWBK) went down 25.44% to $1.70 on 4.24 million shares after the company lost $40 million in the final quarter of 2009, as the bank struggled through a “very difficult” period, officials said on Monday. The fourth-quarter loss, which equaled $1.40 per share, compares with a profit of $2 million, or 28 cents per share, in the fourth quarter of 2008.
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Sequenom, Inc. (NASDAQ:SQNM) decreased 21.65% to $6.08 on 28.22 million shares. The company posted a wider-than-expected quarterly loss, hurt by rising costs and lower average selling price for its systems in the genetic analysis business. Net loss for the fourth quarter was $18.4 million, or 30 cents a share, compared with a net loss of $15.4 million, or 25 cents a share, in the year-ago period.
American Dairy, Inc. (NYSE:ADY) went up 7.70% to $21.67 on 1.18 million shares. The company posted a loss for the fourth quarter ended 31 December 2009, hurt by a 45% decrease in revenues. Fourth-quarter net loss attributable to common shareholders were US$26.98 million or US$1.34 per share compared to a profit of US$25.11 million or US$1.42 per share in the year-ago period.
United Western Bancorp, Inc. (NASDAQ:UWBK) went down 25.44% to $1.70 on 4.24 million shares after the company lost $40 million in the final quarter of 2009, as the bank struggled through a “very difficult” period, officials said on Monday. The fourth-quarter loss, which equaled $1.40 per share, compares with a profit of $2 million, or 28 cents per share, in the fourth quarter of 2008.
ABOUT http://www.PennyStockPickAlert.com
Penny Stock Pick Alert provides free stock newsletters on various stocks of the day. These alerts help investors in making the wise stock market investments. Till date thousands of our subscribers have made huge gains using our daily stock alerts. We provide alerts on hot stocks , midcap & smallcap penny stocks, most active stocks and much more. You can become leader in stock market by keeping track of the daily activity.
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