New York, NY -- (SBWIRE) -- 01/07/2013 -- CombiMatrix Corp. (NASDAQ: CBMX), a molecular diagnostics company operating primarily in the field of genetic analysis and molecular diagnostics, is soaring in mid-day trading today after the company announced that it expects to post record volumes of prenatal testing in the fourth quarter and year-ended December 31, 2012. The company said that preliminary annual growth rates of 172% and 171% were achieved for billable prenatal tests in the quarter and the full year, respectively.
CBMX is currently trading 14.20% higher at $5.87 on volume of 1.13 million, which is well above the daily average volume of 369,238. CBMX had been struggling prior to today’s rally. However, the sharp rise on substantial volume suggests that market sentiment has turned bullish on the stock. CBMX could continue to rise before facing resistance at around $7.
Find out if this is the right moment to buy or sell CBMX by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=CBMX
VIVUS Inc. (NASDAQ: VVUS), a biopharmaceutical company engaged in the development of therapies to address obesity, sleep apnea, diabetes and male sexual health, is up sharply in mid-day trading today after the company said prescriptions for its obesity drug Qsymia rose almost 68% in the month ended December 21, compared to preceding four weeks. The growth rate is significantly above analysts’ forecast.
VVUS is currently trading 9.38% higher at $15.04 on volume of 11.24 million, which is more than two times the daily average volume of 4.83 million. VVUS has broken through $14 resistance level as a result of the rally today.
Find out if VVUS could maintain its bullish momentum by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=VVUS
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