Top Bullish Stocks on Tuesday: FNSR, OIBR, ODP, ARNA, IPXL

Los Angelas, CA -- (SBWIRE) -- 01/22/2013 -- Finisar Corporation (NASDAQ:FNSR) stock reported down -10.27% and closed at $13.98 with the total traded volume of 7.32 million shares. Finisar Corporation’s market capitalization is $1.30 billion. The stock owned by insiders was 1.93%. Its price to earnings ratio ended at 65.61 and its earnings per share was $0.21.

How Should Investors React To FNSR Now? Find Out Here

Oi SA (ADR) (NYSE:OIBR) shares fell 1.84% to $4.42 in the previous trading session. The 52 week trading range for the company is $3.62 – $7.04. The shares of the company fell 12% in the last one year. The company is a Brazil-based holding company engaged in the telecommunication sector. The Company is primarily involved in the provision of fixed telephony services in Brazilian states of Acre, Rondonia, Mato Grosso, Mato Grosso do Sul, Tocantins, Goias, Parana, Santa Catarina and Rio Grande do Sul.

Can OIBR Recover After The Recent fall? Find Out Here

Office Depot Inc (NYSE:ODP) remained a bull for the day as it reported the gain of 9.93% and closed at $4.65, after gaining total volume of 15.10 million shares. ODP has the total of 285.23 million outstanding shares and its total market capitalization is $1.33 billion. The Company’s year to date performance remained quite optimistic with the gain of 41.77%, while in the last 6 months, it jumped almost 139.69%. During the last three months, the company reported an upward momentum of 92.95%.

Can ODP Jump Again? Find Out Here

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) shares fell 6.51% and closed at $9.77. On Jan. 15, some of Arena Pharmaceuticals’ retail-investor shareholders accuse the U.S. Drug Enforcement Agency of conspiring with Wall Street hedge funds to delay the commercial launch of the company’s weight-loss pill Belviq. The DEA is collecting public comments on its proposed rule making Belviq a Schedule IV controlled substance. The 30-day comment period ends on Jan. 18, after which DEA will finalize its ruling.

Can ARNA Bounce Back? Find Out Here

Impax Laboratories Inc (NASDAQ:IPXL) fell 9% to $19.07 in early trading Tuesday morning. The stock is down 25% in the past three months. Impax Laboratories, Inc. is a technology-based, specialty pharmaceutical company applying formulation and development expertise, as well as its drug delivery technology, to the development, manufacture and marketing of bioequivalent pharmaceutical products.

How Should Investors Trade IPXL Now? Find Out Here

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