Stamford, CT -- (SBWIRE) -- 09/05/2013 -- High Rising Stocks provides investors with the hot penny stock alerts on a regular basis. We will send you alerts through our Free E Newsletters with High Yielding alerts, market forecasting, stock tips and strategies, and offer you the tools to help you along the way with the goal of keeping you loyal to our service. Today’s stocks to watch are: PDL BioPharma Inc. (NASDAQ:PDLI), Select Medical Holdings Corporation (NYSE:SEM), Affymetrix, Inc. (NASDAQ:AFFX), Cirrus Logic, Inc. (NASDAQ:CRUS)
PDL BioPharma Inc. (NASDAQ:PDLI) soared 2.72% and closed at $7.93 on a traded volume of 3.79 million shares. The Company announced that the adjusted conversion rate for the 3.75% Convertible Senior Notes dueMay 1, 2015 is 157.3700 shares of common stock per $1,000 principal amount or approximately $6.35 per share, effective September 3, 2013 and 2.875% Series 2012 Convertible Senior Notes due February 15, 2015 is 179.777 shares of common stock per $1,000 principal amount or approximately $5.56 per share, effective September 3, 2013.
Is PDLI A Strong At The CMP? Get Advantage Of Our Free Trend Analysis Here
Select Medical Holdings Corporation (NYSE:SEM) slipped 3.19% and closed at $8.20 on a traded volume of 3.78 million shares. So far this year, the stock is down over 12%. The 52-week range for the stock is $7.21 and $12.03. Select Medical Holdings Corporation is an operator of both specialty hospitals and outpatient rehabilitation clinics in the United States. It also provides medical rehabilitation services on a contract basis at nursing homes, hospitals, assisted living and senior care centers, schools and worksites.
Is SEM A Good Buy After The Recent Price Movement? Find Out Here
Affymetrix, Inc. (NASDAQ:AFFX) jumped up 8.44% and closed at $6.17 on a traded volume of 3.76 million shares. Zacks Investment Research upgraded the rating on Affymetrix to outperform, based on its improved prospects.
Should Investors Rush To Buy AFFX After The Solid Rally? Get Special Report Here
Cirrus Logic, Inc. (NASDAQ:CRUS) surged up 6.39% and closed at $23.81 on a traded volume of 3.74 million shares. The 52-week range for the stock is $16.46 and $45.49. The Company has Price/Sales ratio of 1.64 and Price/Book ratio of 2.47. The 50-Day Moving Average and 200-Day Moving Average prices is $20.33 and $20.48 respectively.
Can Traders Buy CRUS After The Solid Rally? Get Free Trend Analysis Here
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