Spherix Inc. (NASDAQ:SPEX), is surging in early-morning trading session after the U.S senate removed a patent bill from its agenda citing lack of bipartisan support. The bill was designed to address patent trolls especially on companies with the sole objective of acquiring patents to file lawsuits against other companies. Spherix Inc. (NASDAQ:SPEX) stock opened today at $3.65 and is currently trading at $3.54. The stock showed a positive weekly performance of 82.21%.
Biotech company Prana Biotechnology Limited (NASDAQ:PRAN) saw its shares soar 33% to 22 cents in trading today, following similar gains (21%) in its NASDAQ-listed shares overnight. Prana Biotechnology Limited (ADR) (NASDAQ:PRAN) stock opened at $2.03, in current trading session and currently is at $2.00, by gaining 5.26%. The 52 week range of $1.47 – $13.29. Company’s market capitalization is 83.30 million.
Synergy Pharmaceuticals Inc. (NASDAQ:SGYP) reported first quarter 2014 loss (excluding the change in fair value of financial instruments) of 18 cents per share, narrower than the year-ago loss and the Zacks Consensus Estimate of a loss of 24 cents. Synergy Pharmaceuticals Inc. (NASDAQ:SGYP) stock is currently trading at $4.39. The EPS of the stock is -0.66. Company’s market capitalization is 411.81 million.
ARIAD Pharmaceuticals, Inc. (NASDAQ:ARIA) announced that it will provide an overview of the Company’s business on The Jefferies Global Healthcare Conference in New York City. Timothy P. Clackson, Ph.D., president of research and development and chief scientific officer, will present on Wednesday, June 4 at 2:30 p.m. (ET). Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) stock opened the session at $6.57, and now is at $6.48. The 52 week range of the Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) stock remained $2.15 – $23.00 and the day range was $6.46 – $6.69.
VIVUS Inc. (NASDAQ:VVUS) dipped slightly in early trade Wednesday, but has spiked sharply to the upside in the last few minutes on increased volume. VIVUS, Inc. (NASDAQ:VVUS) stock opened today at $4.65 and is currently trading at $4.87. The stock showed a negativeweekly performance of -0.64%.