New York, NY -- (SBWIRE) -- 03/08/2013 -- Affymax, Inc. (NASDAQ:AFFY) is surprisingly the biggest gainer on Thursday as the stock soared 72% to $3.93 without any major news out. Looks like speculators are buying the stock (or maybe short squeeze) after the stock saw its price tumbled as much as 85% late February on news that Affymax and Japan’s Takeda Pharmaceutical have voluntarily recalled all lots of anemia treatment Omontys in the U.S. following reports of “serious hypersensitivity reactions,” including fatalities in “0.02%” of over 25,000 patients after an initial injection. Buying AFFY at current price may be like catching a falling knife. So keep your eyes on AFFY.
For How Long AFFY will Fight for Profitability? Read This Trend Analysis report
Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) revealed that, in Taipei, at the Far Eastern Plaza Hotel, it will attend the 2013 Bank of America Merrill Lynch Taiwan, Technology & Beyond Conference.
Technology Sector company moving ahead during the previous trade, Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) ended its day with the gain of 9.21% and closed at the price of $4.15 after opening at $4.81. The stock traded during its last trading session with the total volume of 11,511,400 shares, as compared to its average volume of 1.35 million shares.
During the previous session the company’s minimum price was $4.02, while it touched its highest price for the day at $4.95. HIMX’s beta value stands at 1.58 points. During the last one month, the company surged 44.6%, while its last 5 days shows a drop of 28.88%.
Can Investors Bet on HIMX after this News update? Find out in this Research Report
Finisar Corp. (NASDAQ:FNSR) reported third quarter adjusted EPS of $0.17 after the bell Thursday, down from $0.23 in the previous year. The consensus estimate was for EPS of $0.16. The company expects to report fourth quarter adjusted EPS of $0.15 to $0.19. The consensus estimate is for EPS of $0.17. The stock is now up 0.51 on 282K shares.
Finisar gapped open higher Thursday, but traded in a range throughout the session. The stock closed up by 0.83 at $15.84 on above average volume. Finisar jumped to a 2-week high and re-crossed its 50-day moving average.
Is FNSR Buy After The Recent Price Movement? Find Out Here
Skullcandy, Inc. (NasdaqNM:SKUL) is -1.3901 - -20.69% from the previous close of $6.72. It traded between $5.3001 - 5.78 with total traded volume of 3029412 shares. Keep a close eye on SKUL, as the stock has been showing unusual moves over the past weeks. At Current market price, SKUL has recovered -10.87% from its 52-week Low of 5.98 and has Pulled back -69.99% from its 52-week high of 17.76.
How Should Investors Trade SKUL Now? Find Out Here
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