Lakeway, TX -- (SBWIRE) -- 02/08/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Oncolytics Biotech, Inc. (USA) (NASDAQ:ONCY) shares soared 34.73% to $4.81 in pre-market hour after the company today announced results examining percent overall tumour shrinkage data from its U.S. Phase 2 clinical trial in patients with squamous cell carcinoma of the lung or SCCLC using intravenous administration of Reolysin in combination with carboplatin and paclitaxel or REO 021. The analysis examined percent best overall tumour changes between pre-treatment and up to six treatment cycles. Of 20 evaluable patients, 19 (95%) exhibited overall tumour shrinkage, (mean (20 patients): 33.7% shrinkage).
How Should Investors Trade ONCY After The Latest Earnings Report? Find Out Here
Linkedin Corporation (NYSE:LNKD) shares climbed 13.01% to $140.23 in pre-market hour after the company yesterday reported its financial results for the fourth quarter and full year ended December 31, 2012. Revenue for the fourth quarter was $303.6 million, an increase of 81%, as compared to $167.7 million in the fourth quarter of 2011. Net income for the fourth quarter was $11.5 million, compared to net income of $6.9 million for the fourth quarter of 2011. Non-GAAP net income for the fourth quarter was $40.2 million, compared to $13.3 million for the fourth quarter of 2011.
Is LNKD a Buy After The Solid Earnings? Get Free Trend Analysis Here
Activision Blizzard, Inc. (NASDAQ:ATVI) shares gained 9.04% to $13.15 in the pre-market hour after the company yesterday reported net income of $354 million, or 31 cents per share, on revenue of $1.77 billion, compared to net income of $99 million, or 8 cents per share, on revenue of $1.4 billion for the same period the previous year. Adjusted for the deferred revenues from certain game titles, the company said it earned 78 cents a share on $2.6 billion in revenue for the recent period. Analysts were expecting adjusted earnings of 72 cents a share on revenue of $2.4 billion.
How Should Investors Trade ATVI After The Recent Movement? Find Out Here
RadioShack Corporation (NYSE:RSH) stock jumped 5.14% to $3.27 in the pre-market hour after the company yesterday announced that Joseph C. Magnacca , an experienced retail executive and merchant, has been appointed chief executive officer of the Company effective February 11. Mr. Magnacca has also been named a member of RadioShack's Board of Directors. Mr. Magnacca, 50, is currently executive vice president and president of Daily Living Products and Solutions for Walgreen Co., where he oversees all of Walgreen's marketing and merchandising operations across more than 8,000 stores.
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