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Los Angelas, CA -- (SBWIRE) -- 12/07/2012 -- Galena BiopharmaInc (NASDAQ:GALE)opened day trade at $2.33, showed a downtrend and reached the price of $2.16 recently with the decline of -0.91%. Overall trading volume of the shares is 1.53 million during the first hour of trading while its average volume is 2.28 million shares. GALE’s overall market capitalization is $150.81 million.
How Should Investors React To GALE Now? Find Out Here
Groupon (NASDAQ:GRPN) pushed the Internet industry lower today making it today's featured Internet laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Groupon fell 5 cents (-1.3%) to $3.81 on light volume. Throughout the day, 7.4 million shares of Groupon exchanged hands as compared to its average daily volume of 18.3 million shares. The stock ranged in price between $3.70-$3.84 after having opened the day at $3.84 as compared to the previous trading day's close of $3.86.
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Focus Media Holding Limited (ADR) (NASDAQ:FMCN) stock dropped 6.46% to $23.15. The company recently announced that for the fourth quarter of 2012, it expects non-GAAP net income in the range of $93-$98 million. Analysts are expecting the Company to report net income of $94 million for the fourth quarter of 2012.
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AcelRx Pharmaceuticals, Inc. (NASDAQ:ACRX) is rising 5 percent to $3.48. The company announced that it has priced its underwritten public offering of 12.5 million common shares at $3.31 per share. AcelRx Pharmaceuticals, Inc. is a United States-based Pharmaceutical Company, which develops and commercializes therapies for the treatment of pain.
How Should Investors Trade ACRX Now? Find Out Here
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