Morning Movers 11/25: (POZN) (ROYL) (RBS) (PWRD) Higher
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POZEN Inc. (Nasdaq: POZN) 40% HIGHER; disclosed the company agreed to sell rights to receive future royalty payments arising from U.S. sales of MT 400, including Treximet®. According to the terms of the agreement, POZEN received a purchase price of $75 million from CPPIB Credit Investments Inc., and will also receive a 20 percent interest in any royalties received by CII relating to the period commencing on April 1, 2018.
Royale Energy (Nasdaq: ROYL) 19.4% HIGHER; continuing to break out after testing the $3 level and immediately bouncing over this support level. The stock is up more than 40 percent over the last three trading sessions.
Royal Bank of Scotland (NYSE: RBS) 10.3% HIGHER; traders may be reacting to reports the bank's CEO suggested RBS could sell its investment banking unit if necessary.
Perfect World (Nasdaq: PWRD) 9.6% HIGHER; shares finally bouncing following an earnings-related decline earlier this week. Amid Q3 results, the stock fell nearly 30 percent.
Star Scientific (Nasdaq: CIGX) 9.2% HIGHER; technicians jumping into this one today as bulls pushed the stock over the 200-day SMA just before the close on Wednesday.
Jamba (Nasdaq: JMBA) 8.4% HIGHER; the stock seems to be bouncing this morning following a break below the $1.50 level on Wednesday. The stock tumbled nearly 17 percent on Wednesday.
Amarin (Nasdaq: AMRN) 7.7% HIGHER; announces FDA acceptance of its filing for an NDA on AMR101. Also announced the resignation of David Feigal from its Board of Directors.
Royale Energy (Nasdaq: ROYL) 19.4% HIGHER; continuing to break out after testing the $3 level and immediately bouncing over this support level. The stock is up more than 40 percent over the last three trading sessions.
Royal Bank of Scotland (NYSE: RBS) 10.3% HIGHER; traders may be reacting to reports the bank's CEO suggested RBS could sell its investment banking unit if necessary.
Perfect World (Nasdaq: PWRD) 9.6% HIGHER; shares finally bouncing following an earnings-related decline earlier this week. Amid Q3 results, the stock fell nearly 30 percent.
Star Scientific (Nasdaq: CIGX) 9.2% HIGHER; technicians jumping into this one today as bulls pushed the stock over the 200-day SMA just before the close on Wednesday.
Jamba (Nasdaq: JMBA) 8.4% HIGHER; the stock seems to be bouncing this morning following a break below the $1.50 level on Wednesday. The stock tumbled nearly 17 percent on Wednesday.
Amarin (Nasdaq: AMRN) 7.7% HIGHER; announces FDA acceptance of its filing for an NDA on AMR101. Also announced the resignation of David Feigal from its Board of Directors.
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