Las Vegas, NV -- (SBWIRE) -- 08/24/2013 -- Value Stock Pick is a leading Investment Newsletter. Our Research Team conducts research on different stocks, doing their due diligence to provide a detailed report, including both technical and fundamental analysis, on NYSE, NASDAQ, AMEX, OTCBB and Pink Sheet Stocks. Let’s have a brief look at: AMR Corporation (OTCMKTS:AAMRQ), Invivo Therapeutics Holdings Corp (OTCBB:NVIV), Federal National Mortgage Association (OTCBB:FNMA), Globalstar, Inc. (OTCMKTS:GSAT)
AMR Corporation (OTCMKTS:AAMRQ) gained 2.28%, trading on 5.61 million shares, to end the trade at $3.14. The stock changed hands in a range of $3.08 to $3.14, bringing its market capitalization to about $1.05 billion. If we look at its trading history of the past 52 weeks, the share price suffered a low of $0.36 and was moved to the maximum level of $7.15. AMR Corporation operates in the airline industry. The company, through its subsidiary, American Airlines, Inc., provides scheduled jet service to approximately 160 destinations throughout North America, the Caribbean, Latin America, Europe, and Asia; and operates as a scheduled air freight carrier, which provides a range of freight and mail services to shippers.
What was the Moving Force behind AAMRQ on Bullish Run? Read This Research Report
Invivo Therapeutics Holdings Corp (OTCBB:NVIV) declined -27.91%, to complete the trading session at $2.98, with a total volume of 3.02 million shares. The stock, on average, trades on a volume of 541,595 shares. It floated in a range of $2.61 to $4.01 during the last trading session, with a beta value of 9.81. Its market capitalization now moved to about $234.16 million. In the past 52 weeks, the share price has not declined below $1.25 and above $6.20. The Board of Directors of InVivo Therapeutics Holdings Corp. (NVIV) announced that Francis M. Reynolds has resigned from his positions as Chairman, CEO and CFO of the company due to his medical condition. The Board has appointed Michael J. Astrue as interim CEO and Sean Moran, the company’s Director of Finance, as acting CFO, effective immediately.
Has NVIV Found The Bottom and Ready To Move Up? Find Out Here
Federal National Mortgage Association (OTCBB:FNMA) was in a range of $1.31-$1.38 before closing at $1.32. The stock completed the day with a total volume of 6.99 million shares, versus an average volume of 17.16 million shares. The share price hit its 52-week low of $0.23 and $5.44 was the best price. Federal National Mortgage Association (Fannie Mae) provides liquidity and stability support services in the secondary mortgage market in the United States. The company securitizes mortgage loans originated by lenders in the primary mortgage market into Fannie Mae mortgage-backed securities (Fannie Mae MBS). It operates in three segments: Single-Family Credit Guaranty, Multifamily, and Capital Markets.
Can Investors Bet on FNMA after this News update? Find out in this Research Report
Globalstar, Inc. (OTCMKTS:GSAT) added 9.63% yesterday, bringing its market capitalization around $438.78 million. The share price, after opening at $0.65, made a high of $0.69 and hovered above $0.63 to end the day at $0.660. The total number of shares that changed hands during the session was 6.61 million shares, as compared to average trading volume of 1.28 million shares. Globalstar, Inc. (GSAT), a leading provider of mobile satellite voice and data services, announced that the Company has met all of the conditions precedent necessary for the effectiveness of the Amended and Restated COFACE Facility Agreement (the "Agreement").
For How Long GSAT will fight for Profitability? Read This Trend Analysis report
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