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Trader Recap -OrexigenTherapeutics,Inc.(NASDAQ:OREX),8x8,Inc.(NASDAQ:EGHT),Hersha Hospitality Trust (NYSE:HT),Millennial Media, Inc.(NYSE:MM)

 

Lewes, DE -- (SBWIRE) -- 09/04/2013 -- LeadingStockAlerts is a financial marketing firm that specializes in assisting the underserved small cap and micro-cap stock community. Our Today’s Focus is on: Orexigen Therapeutics, Inc. (NASDAQ:OREX),8x8, Inc. (NASDAQ:EGHT),Hersha Hospitality Trust (NYSE:HT),Millennial Media, Inc.(NYSE:MM)

Orexigen Therapeutics, Inc. (NASDAQ:OREX) managed to keep its gain at +0.29% on below-normal volume of 1.07 million shares. The stock settled at $6.88 after floating in a range of $6.80 to $7.13. Its latest price was $6.88, reaching market capitalization of $680.93 million. Its 52-week range has been $3.91 to $7.84. Orexigen Therapeutics, Inc., a biopharmaceutical company, focuses on the development of pharmaceutical product candidates for the treatment of obesity. Its product candidates include Contrave, which has completed Phase III clinical trials and is being studied in a cardiovascular outcomes trial.

Will OREX Continue To Move Higher? Find Out Here

8x8, Inc. (NASDAQ:EGHT) traded up on a volume of 1.06 million, higher than its standard daily volume. Shares have gained +5.30% to $9.74. Over the last twelve months, the stock has added 64.53% and faced a worst price of $9.76. 8x8, Inc. develops and markets telecommunications services for Internet protocol (IP), telephony, and video applications. The company also provides contact center, Web-based conferencing, and unified communications services, as well as cloud-based computing services.

For How Long EGHT’s Gloss will Attract Investors ? Find out via this report

Hersha Hospitality Trust (NYSE:HT) settled +0.76% lower at $5.28 on below-normal volume of 1.05 million shares during the last trading day. The stock has its 12-month high at $6.30 and 52-week low price was $4.19. It traded in a range of $5.20 to $5.31 during the last trading day. Hersha Hospitality Trust, a real estate investment trust, engages in the ownership and operation of mid scale limited service hotels in the Eastern United States. As of June 30, 2005, it owned interests in 35 hotels, including 4 hotels owned through joint ventures in Pennsylvania, New York, New Jersey, Maryland, Georgia, Connecticut, and Massachusetts.

For How Long HT will fight for Profitability? Read This Trend Analysis report

Millennial Media, Inc.(NYSE:MM) saw its price gain on below-normal volume, as 1.01 million shares changed hands when compared with its average daily volume of 1.99 million shares. The stock was up1.37% to $.6.64. It has fallen over the last 12 months, dropping -42.41% and marked new low $6.57. Millennial Media, Inc. provides mobile advertising solutions for advertisers and developers in the United States and internationally. It has MYDAS, a data platform that accesses and analyzes volumes of data location, social, interest, and mobile device to provide a multi-dimensional view of individual profiles.

Will MM Get Buyers Even After The Recent Rally? Find Out Here

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