NASDAQ Gain Momentum on News (ACAD, THLD, KERX, CYBX, STX)

New York, NY -- (SBWIRE) -- 01/23/2013 -- ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) Jim Cramer ranked ACAD as a buy as the company reported that it has elected Stephen R. Biggar, M.D., Ph.D., as member of its Board of Directors. Mr.Stephen R. Biggar will serve as a Class II director. The company also reported that the terms of Class II directors will finish in 2015, at the annual meeting of stockholders. ACAD surged on early trading, trading at an intraday of $6 (+5.82%) with over 1million shares that have exchanged hands, will ACAD continue to push on bullish momentum? Stick around.

Threshold Pharmaceuticals, Inc. (NASDAQ:THLD) Threshold Pharmaceuticals Inc. gapped up this morning, trading at an intraday of $5.02 (+16.47%) with over 1.1 million shares exchanged, will THLD continue to push towards the end of day? Stick around.

Keryx Biopharmaceuticals (NASDAQ:KERX) Keryx Biopharmaceuticals is following recent bullish momentum, trading at an intraday of $3.60 (+7.14%) with over 1.7 million shares traded, will KERX continue to push? Stick around.

Cyberonics, Inc. (NASDAQ:CYBX) Cyberonics Inc. sold off today, although it holds Zacks Rank #1 of a strong buy, CYBX fell to the current low of day of $.43.87. Trading at an intraday of $45.75 (4.9%) with over 1.5 million shares that have exchanged hands, will CYBX bounce back further? Stick around.

Seagate Technology PLC (NASDAQ:STX) The company expects to report revenue for its fiscal second quarter 2012 of $3.1 - $3.2 billion. Seagate is scheduled to release its fiscal second quarter results on January 28th. STX sold off this morning, reaching a current low of day of $36.15. Trading at an intraday of $36.605 (-3.39%) with over 5 million shares exchanged, will STX bounce back? Stick around.

View Full NASDAQ Report: http://toonicestocks.com/news/2835-nasdaq-gain-momentum-news-acad-thld-kerx-cybx-stx

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