Stocks on the Move After News (KCAP, DCTH, RNN, CELG)

Los Angelas, CA -- (SBWIRE) -- 02/05/2013 -- KCAP Financial Inc. (NASDAQ:KCAP) is offering 3.8 million shares and intends to use proceeds for general corporate purposes. The company expects to have more than 30.5 million shares outstanding after the offering closes. Shares were off 2.5% to $9.89 after the close.

How Should Investors Trade KCAP After The Recent Momentum? Find Out Here

Delcath Systems, Inc. (NASDAQ:DCTH) shares spiked 9.25 percent on nearly 6 million shares traded Monday. The company reported that the German federal reimbursement agency has established a reimbursement pathway for the treatment of patients with liver metastases with the Delcath Hepatic CHEMOSAT Delivery System.

Can DCTH Extend Rally? Find Out Here

Rexahn Pharmaceuticals, Inc. (NYSEAMEX:RNN) stock gained 12.12% to $0.370. Maxim Group initiated coverage on shares of Rexahn in a research report released on Jan. 30. The firm issued a buy rating and a $1.50 price target on the stock.

What Should Investors Do With RNN Now? Find Out Here

Celgene Corporation (NASDAQ:CELG) dropped 2.81% ahead of presentations at three upcoming investor conferences. The company plans to present at the 15th Annual BIO CEO & Investor Conference at 8:00 a.m. ET on Monday, February 11, 2013. It will participate in the 2013 Citi Global Healthcare Conference at 9:35 a.m. ET to be held on Tuesday, February 26, 2013 and will present at the 2013 RBC Capital Markets Healthcare Conference at 3:00 p.m. ET on Wednesday, February 27, 2013.

How Should Investors Trade CELG After The Recent Momentum? Find Out Here

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