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New York, NY -- (SBWIRE) -- 03/11/2013 -- MannKind Corporation (NASDAQ:MNKD) shares increased 8.90% to $3.06. The company, on Feb. 11, reported financial results for the fourth quarter and year ended December 31, 2012. For the fourth quarter of 2012, total operating expenses were $33.5 million, compared to $30.6 million for the same quarter of 2011, an increase of $2.9 million. Net loss for fiscal year 2012 was $(169.4) million, or $(0.94) per share, compared to net loss of $(160.8) million, or $(1.32) per share based on 121.8 million weighted average shares outstanding for fiscal year 2011.
How Should Investors Trade MNKD After The Solid Jump? Let’s Find Out Here
CombiMatrix Corpo (NCM:CBMX) is very active today and traded between $3.16 - 4.3751 with total traded volume of 1209367 shares. At a current price of 4.14, CBMX is +0.96 - +30.19% from the previous close of $3.18. Moreover, At Current Market Price, CBMX is in the distance of +5.10% from its 50-day Moving Average price of $3.9391 and -15.26% from its 200-day Moving Average price of $4.8857.
Should Investors Buy CBMX Now? Free Sign Up Here For CBMX Analyst Report
RELM Wireless Corporation (NYSEAMEX:RWC) provides two-way radio communications equipment. RELM designs, manufactures and markets wireless communications products consisting of two-way land mobile radios, repeaters, base stations, and related components and subsystems. Shares of RELM Wireless Cor (AMEX: RWC) are trading at $2.0101 and is +9.75% of its 50-day Moving Average price of $1.8315 and +15.46% from its 200-day Moving Average price of $1.741. The average trading volume is 39215 shares and its market capitalization is $27.2M.
Should Investor Buy OR Sell This Stock : CLICK HERE
The shares of Genworth Financial Inc (NYSE:GNW - 10.50) rocketed to a new annual high of $10.74 right out of the gate today, and one options speculator is gambling on more long-term upside. Within the first hour of trading, the strategist initiated a three-strike spread to profit from an extended ascent, buying and selling September-dated puts and calls.
In order to profit on the play, the strategist needs GNW to muscle atop the $12.02 level (bought call strike plus net debit) by September options expiration. However, thanks to the sold calls, the most the trader can gain is $2.98 (difference between call strikes minus the net debit), no matter how far GNW should rally north of $15. Meanwhile, the risk is limited to just $0.02, as long as GNW remains atop the $9 level. Should the equity breach this strike, the sold puts will move into the money, and the traders' losses will start to accumulate.
At last check, GNW has pared its early lead to 6.7%, with the stock now flirting with the $10.50 level.
How Should Investors React To GNW Now? Check here
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