Orlando, FL -- (SBWIRE) -- 10/28/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On ParkerVision, Inc. (NASDAQ:PRKR), Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA).
ParkerVision, Inc. (NASDAQ:PRKR) stock jumped 7.24% to $3.11. The company on Oct. 23 announced that trading of its common stock was halted at Noon Eastern Time in anticipation of a jury verdict in the second phase of ParkerVision's patent infringement trial against Qualcomm Incorporated in the U.S. District Court for the Middle District of Florida. However, the jury ceased deliberations without reaching a verdict today and will resume deliberations at 9:00 a.m. eastern time tomorrow.
Are investors worried about the recent updates with PRKR? Find out with a free trend analysis HERE
Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) shares gained 6.27% to $3.56. Glancy Binkow & Goldberg LLP on Oct. 25 announces that all purchasers of the securities of ARIA between December 12, 2011 and October 8, 2013, inclusive have until December 9, 2013, to file a motion to be appointed as lead plaintiff in the shareholder lawsuit filed in the United States District Court for the District of Massachusetts. The Complaint alleges that the Company issued false and/or misleading statements and failed to disclose material facts concerning ARIAD's business, operations and financial prospects.
Additionally, the company on Oct. 18 discontinued a late-stage trial of its cancer drug after some patients developed blood clots, sending its shares crashing 42 percent on fears that a version of the drug already on the market may be withdrawn. The drug, Iclusig, was granted accelerated approval by the U.S. Food and Drug Administration in December to treat two rare forms of blood cancer, but only with labels warning of the potential for blood clots and liver toxicity.
Is ARIA going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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