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Unusual 11 Mid-Day Movers 12/07: (CBMX) (UNXL) (JKS) Higher; (AMRN) (KUTV) (VTSS) Lower

December 7, 2012 12:59 PM EST Send to a Friend
CombiMatrix (Nasdaq: CBMX) 194.9% HIGHER; announced that a pair of studies published in a leading journal favor chromosomal microarray analysis (CMA) over traditional karyotyping for genetic prenatal diagnosis and genetic evaluation of stillbirths.

Amarin Corporation plc (Nasdaq: AMRN) 18.9% LOWER; announced today a $100 million non-equity financing with an investment fund managed by Pharmakon Advisors and is hiring 250-300 specialty sales professionals for the launch of Vascepa for its initial indication, the MARINE indication, which is approved by the U.S. Food and Drug Administration (FDA).

Ku6 Media Co. (Nasdaq: KUTV) 14.2% LOWER; reported Q3 EPS of ($0.07), versus ($0.26) reported last year. Revenue for the quarter came in at $3.06 million, versus $4.23 million reported last year.

Vitesse Semiconductor Corporation (Nasdaq: VTSS) 13.9% LOWER; announced the pricing of an underwritten public offering of 10,000,000 shares of its common stock at a price to the public of $1.75 per share.

UniPixel, Inc. (Nasdaq: UNXL) 14.3% HIGHER; has joined forces with a manufacturer of personal computers to develop and introduce products that feature next-generation touch screens based on UniPixel's UniBoss" pro-cap, multi-touch sensor film.

JinkoSolar Holding Co., Ltd. (NYSE: JKS) 13.4% HIGHER; announced that JinkoSolar (Switzerland) AG, its Swiss subsidiary, has entered into a strategic cooperation agreement ("Strategic Cooperation Agreement") with the Guangdong Branch of China Development Bank pursuant to which CDB intends to provide financing cooperation to JinkoSolar (Switzerland) AG of an aggregate amount up to US$ 1 billion over a five-year period.

AcelRx Pharmaceuticals, Inc. (Nasdaq: ACRX) 11.2% HIGHER; announced the pricing of its previously announced underwritten public offering of 12,500,000 shares of its common stock, offered at a price of $3.31 per share to the public.

Metabolix, Inc. (Nasdaq: MBLX) 11.1% LOWER; investors taking some profit following a 45 percent move higher Thursday.

Trina Solar Limited (NYSE: TSL) 10.1% HIGHER; moving higher as peer Yingli Green Energy lands a huge contract today.

Chelsea Therapeutics International Ltd. (Nasdaq: CHTP) 10.0% LOWER; moving below the key $1 per share level today on volume. Lower this week as Northera did not produce statistically significant data in paitent fall reduction in Study 306B.

Virco Mfg. Corp. (Nasdaq: VIRC) 9.9% HIGHER; reported Q3 EPS of $0.20, versus ($0.23) reported last year. Revenue for the quarter came in at $56.6 million, versus $53 million reported last year.

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