Notable 52-Week Highs and Lows 10/11: (BSPM) (CARB) High; (RCII) (ETRM) (MYGN) Low

October 11, 2016 2:57 PM EDT

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52-Week High:
  • Biostar Pharmaceuticals, Inc. (Nasdaq: BSPM) $7.05. Biostar Pharma announced that it will launch its new topical health product called "Easy Breathing" designed to treat rhinitis and sinusitis for sales in the PRC in November 2016. Rhinitis is irritation and inflammation of the mucous membrane inside the nose. Sinusitis is an inflammation or swelling of the tissue lining the sinuses.

  • Carbonite (Nasdaq: CARB) $16.27. Oppenheimer upgraded Carbonite from Perform to Outperform with a price target of $21. Analyst Brian Schwartz said he sees substantial upside based on valuation and fundamentals.
52-Week Low:
  • Rent-A-Center, Inc. (Nasdaq: RCII) $8.00. Rent-A-Center pre-released selected preliminary unaudited financial information for the quarter ended September 30, 2016. Diluted earnings per share for the third quarter 2016 on both a GAAP basis and excluding special items are expected to be between $0.05 and $0.15. The Street was looking for EPS of $0.39.

  • EnteroMedics Inc. (Nasdaq: ETRM) $0.11. EnteroMedics highlighted the Company's recent achievements in a letter to shareholders, ahead of the Company's anticipated special meeting of shareholders to be held October 19, 2016. Click here for more color.

  • Myriad Genetics (Nasdaq: MYGN) $18.51. TESARO was said to have filed a lawsuit against Myriad Genetics. The suit was filed in the Southern District of New York.

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