Stamford, CT -- (SBWIRE) -- 09/03/2013 -- 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: Halcon Resources Corp(NYSE:HK), MannKind Corporation(NASDAQ:MNKD), BioScrip Inc (NASDAQ:BIOS), CYS Investments Inc(NYSE:CYS)
Halcon Resources Corp(NYSE:HK) shares gained 0.21% to $4.76. The company on August 8 announced that it has priced an underwritten public offering of 38,000,000 shares of its common stock at a price of $5.10 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 5,700,000 shares of common stock. The offering is expected to settle and close on August 13, 2013, subject to customary closing conditions.
Should Investors Buy HK After Yesterday’s Slump? Find Out Here
MannKind Corporation(NASDAQ:MNKD) shares decreased 0.43% to $5.77. The company on August 14 reported positive preliminary results from Study 171, a Phase 3 clinical study of AFREZZA Inhalation Powder, an investigational, ultra rapid-acting mealtime insulin therapy, administered using MannKind's next-generation (Gen2) inhaler (also known as the Dreamboat™ inhaler), in patients with type 1 diabetes.
Additionally, the company on August 9 reported financial results for the second quarter ended June 30, 2013. The net loss for the second quarter of 2013 was $46.1 million, or $0.16 per share, as compared with a net loss of $36.6 million, or $0.23 per share based on 159.9 million.
Can Traders Buy MNKD After The Solid Rally? Get Free Trend Analysis Here
BioScrip Inc (NASDAQ:BIOS) shares dropped 9.67% to $11.01. The company, on August 14, announced the upsizing and pricing of the previously announced registered underwritten public offering of its common stock. The size of the offering has been upsized from the previously announced 6,800,000 shares to 6,895,873 shares, all of which will be sold by selling stockholders. The underwriter of this offering has been granted an option, exercisable within 30 days, to purchase up to an additional 1,020,000 shares of common stock from the selling stockholders on the same terms and conditions. BioScrip will not receive any of the proceeds from the initial sale of the shares of common stock or the sale of any additional shares pursuant to the option.
Should Investors Buy BIOS After Yesterday’s Slump? Find Out Here
CYS Investments Inc(NYSE:CYS) shares fell 2.34% to $7.50. The company announced that Kevin E. Grant, CFA, the Company's CEO and President, will deliver a presentation at the Barclays Global Financial Services Conference at The New York Hilton Midtown on Tuesday, September 10, 2013 at approximately 8:15 a.m. (ET).
Additionally, CYS’s stock was downgraded by equities researchers at Maxim Group from a “buy” rating to a “hold” rating in a research report issued on August 13. They currently have a $10.00 target price on the stock.
How Should Investors Trade CYS After The Recent Volatility? Get Free Trend Analysis Here
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