Orlando, FL -- (SBWIRE) -- 10/29/2013 -- 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 Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), Dendreon Corporation (NASDAQ:DNDN).
Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) shares gained 15.45% to $4.11. 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. 9 said the U.S. Food and Drug Administration had placed a partial hold on patient enrollment for trials of its cancer drug Iclusig after a number of patients taking the drug experienced blood clots and heart damage.
Are investors worried about the recent updates with ARIA? Find out with a free trend analysis HERE
Dendreon Corporation (NASDAQ:DNDN) shares climbed 11.07% to $2.81. The company announced that management will host a conference call on Tuesday, November 12, 2013, at 9:00 a.m. EST to review third quarter financial results.
Additionally, DNDN’s stock was upgraded by analysts at Maxim Group from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Oct. 28. The firm currently has a $10.00 price objective on the stock, up from their previous price objective of $3.00. Maxim Group’s target price points to a potential upside of 295.26% from the company’s current price.
Is DNDN going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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