The Wendy’s Group (NYSE: WEN) is suffering from as much negative investor sentiment as Facebook (NASDAQ: FB). Some analysts believe the fast-food chain is about as overvalued as Facebook is from its recent IPO flop. The burger restaurant has announced that it will sell five of its company-owned stores in order to alleviate the cash […]
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Sirius XM Radio Picking Up a Little Static (SIRI)
Sirius XM Radio (NASDAQ: SIRI) stock declined for the third consecutive day on less than its average daily volume for the last three months. The stock ended the day down four pennies, settling at $1.89 with just under 39 million shares exchanging hands. Sirius shares traded in a seven-cent range during the session. After early […]
Why Preventia Could Be Best for the Mental Health of Financial Analysts
Preventia (OTC: PVTA) is competing with other big-ticker stocks such as RIMM (NASDAQ: RIMM) or AirMedia (NASDAQ: AMCN). Currently, this small developmental company is sitting at an all-time 52-week high of about $3.00, a price significantly higher than its $0.13 opening price during the month of February. This new $3.00 high may not seem astoundingly high, […]
Delcath Systems Implodes on Stock Offering
In what could only be described as a fitting end to a week after the Facebook (NASDAQ: FB) IPO debacle, shares of Delcath Systems (NASDAQ: DCTH) tumbled in reaction to the company’s stock offering announcement made after the close on May 24, 2012. Not only did the stock manage a 37 percent decline, but it […]
Complete Genomics Rockets in Sympathy with Rosetta Genomics (GNOM)
Shares of Complete Genomics (NASDAQ: GNOM) rocketed Thursday on heavy volume. The move today appeared to be in sympathy with Rosetta Genomics (NASDAQ: ROSG), an Israeli molecular diagnostics company. Rosetta Genomics stock climbed nearly 45% today and almost 1000% over the last eight days. Complete Genomics finished the session at $2.33 or 26% higher than […]
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