The law firm of Lieff Cabraser Heimann & Bernstein, LLP announces that class action litigation has been brought on behalf of those who purchased or otherwise acquired the securities of Galena Biopharma, Inc. (“Galena” or the “Company”) (Nasdaq:GALE), between May 9, 2013 and February 14, 2014, inclusive (the “Class Period”). Galena Biopharma Inc (NASDAQ:GALE) stock opened today at $2.92 and is currently trading at $2.86. The stock showed a positive weekly performance of -0.99%.
Herbalife Ltd. (NYSE: HLF) is one of the biggest battleground stocks in the market right now. With Bill Ackman short a billion dollars or so, and with activists like Carl Icahn, George Soros and others in defense of the stock, it is safe to assume that the trading can be more than just volatile. Now a prior bull has downgraded the stock based on the most recent news flow. Herbalife Ltd. (NYSE:HLF) stock opened at $50.25, in current trading session and currently is at $49.68, by loosing -2.17%.The 52 week range of $34.72-$83.51.Company’s market capitalization is $5.03 billion.
Delcath Systems, Inc. (NASDAQ:DCTH)today declared its financial results and operational progress for the last quarter and financial year ending 2013.The total revenue for the fourth quarter ended December 31, 2013 ended was $0.3 million, for the same period in 2012 the total revenue company earned was $0.2 million. This shows the increase of 50% in the revenue. The company Delcath Systems, Inc. (NASDAQ:DCTH) also did exceedingly well in the area of reducing operational cost. It was 52% less than the last year from $12 million in the Year 2012 to $5.8 million in 2013. The decrease in operational cost can be attributed mainly to NDA report submission to FDA and company effort in the area of cost management.Delcath Systems, Inc. (NASDAQ:DCTH) stock is currently trading at $0.303 .The EPS of the stock is -0.30. Company’s market capitalization is $45.61 million.
Shares of the medtech companyIsoRay, Inc. (NYSEMKT:ISR) swung into massive gains once more for the second day Thursday. The shares closed at $3.30, up 29.41 percent, and having surged to new one-year high earlier in the session. That was a positive tracking of the Wednesday big gain where the shares went up as much as 80 percent on solid volume of shares changing hands.IsoRay, Inc. (NYSEMKT:ISR) stock opened the session at $2.78, and now is at $2.45. The 52 week range of the ISR stock remained $0.44-$3.77 and the day range was $2.45-$2.90.
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