Orlando, FL -- (SBWIRE) -- 08/15/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On: MannKind Corporation (NASDAQ:MNKD), Rite Aid Corporation (NYSE:RAD).
MannKind Corporation(NASDAQ:MNKD) shares jumped 10.64% to $7.59 in the last trading session. The company on August 14 announced positive preliminary results from Study 171, a Phase 3 clinical study of AFREZZA® (insulin human [rDNA origin]) Inhalation Powder, an investigational, ultra rapid-acting mealtime insulin therapy, administered using MannKind's next-generation (Gen2) inhaler (also known as the Dreamboat™ inhaler), in patients with type 1 diabetes.
Are investors worried about the recent updates with MNKD? Find out with a free trend analysis HERE
Additionally, the company on August 9 reported financial results for the second quarter ended June 30, 2013. The net loss applicable to common stockholders for the second quarter of 2013 was $46.1 million, or $0.16 per share based on 284.0 million weighted average shares outstanding, compared with a net loss applicable to common stockholders of $36.6 million, or $0.23 per share based on 159.9 million weighted average shares outstanding for the second quarter of 2012. The number of common shares outstanding at June 30, 2013 was 300,869,683.
Rite Aid Corporation (NYSE:RAD) shares gained 1.76% to $3.47. The company on August 1 said its July same-store sales climbed 1.3% as both the front end of the store and the pharmacy counter saw an improvement on that key metric for retailers. In July, Rite Aid said, same-store sales at the front end of the store--where items like toiletries, greeting cards and food products are sold--rose 0.7%. Pharmacy same-store sales climbed 1.6%, bolstered by a 0.4% jump in same-store prescription count.
Is RAD going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
Additionally, the company on July 29 said it has launched wellness65+, the first chain drug store loyalty program for those 65 and over, with an integrated marketing campaign built on the brand's promise to deliver personalized service that actively helps its customers live well. The new seniors program is the latest extension of Rite Aid's highly successful free customer loyalty program wellness+.
Join Our Mobile SMS Alerts By Texting Stocks To 555888
HotStockProfits.com continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.
Disclosure: HotStockProfits.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit HotStockProfits.com website, for complete risks and disclosures.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)