Dallas, TX - PennyStockPickReport.com is pleased to alert investors of stocks on the move.
Domtar Corp. (USA) (NYSE:UFS) soared over 5% and closed at $36.98 on 2.08 million shares after an analyst upgraded the shares on higher pulp selling prices, especially in China, and lower manufacturing costs. BMO Capital Markets analyst Stephen Atkinson upgraded the stock of the Montreal-based company to "Outperform" from "Underperform" and increased his price target to $43 from $33. It touched an intraday high of $38.20 and an intraday low of $35.40 .
Chelsea Therapeutics International Ltd. (NASDAQ:CHTP) augmented 20.32% and closed at $3.02 on a traded volume of 20.38 million shares after it announced that continued analysis of previously reported results from Study 302, the first of two pivotal Phase III trials in Chelsea's registration program of Droxidopa for the treatment of symptomatic, neurogenic orthostatic hypotension (NOH), confirm statistically significant benefits across five clinically relevant assessment criteria that reflect symptomatic improvements and corroborate other supportive symptom data.. In the last six months, the stock moved up over 100%.
Palatin Technologies, Inc. (AMEX:PTN) has performed strongly today, gained almost 17.65% or $0.06. The last traded price was $0.400 on a high volume of 10.12 million shares compared to total average daily volume of 577K shares. In the last 6 months, the stock surged over 170%. It declared on Tuesday that the company expects USD5m with respect to an amendment of its ongoing exclusive research collaboration and licence agreement with AstraZeneca targeting melanocortin receptors for the treatment of obesity and related indications.
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