Orlando, FL -- (SBWIRE) -- 09/03/2013 -- 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 Avanir Pharmaceuticals, Inc. (NASDAQ:AVNR), Yelp Inc (NYSE:YELP).
Avanir Pharmaceuticals, Inc. (NASDAQ:AVNR) shares fell 3.41% to $5.10. The company on August 22 announced the publication of the findings from the PRISM patient registry in PLOS ONE, an international, peer-reviewed, open-access medical journal. PRISM was the largest registry ever conducted to further understand prevalence and impact of pseudobulbar affect (PBA) in the United States.
Additionally, the company on August 12 said it reached an exclusive agreement to promote pharmaceutical giant Merck & Co.'s type-2 diabetes drug Januvia in long-term care institutional settings in the U.S. Under the accord, Avanir institutional sales force will begin promoting the sitagliptin family of products to health-care practitioners in the long-term care institutional setting in October.
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Yelp Inc (NYSE:YELP) stock decreased 3.38% to $51.98. The company announced that management will present at the 2013 Citi Global Technology Conference in New York, NY on Wednesday, September 4, 2013 at 8:15 a.m. ET.
Additionally, the company on August 21 announced the availability of Yelp Brazil. Beginning August 21, people throughout Brazil are able to create accounts on Yelp.com.br to share their opinions about great local businesses. Yelp's free iPhone and Android applications will be available as well as its free suite of business owner tools: Yelp for Business Owners.
Moreover, the company on July 31 announced financial results for the second quarter ended June 30, 2013. Net loss in the second quarter of 2013 was ($878,000) or $(0.01) per share, compared to a net loss of $(2.0) million, or $(0.03) per share, in the year ago period. Net revenue was $55.0 million in the second quarter of 2013, a 69% growth in net revenue from the second quarter of 2012.
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