Dallas, TX - PennyStockPickReport.com is pleased to alert investors of stocks on the move.
EnteroMedics Inc. (NASDAQ:ETRM) is the top percentage loser and plummets 72% to $1.27 in the morning trade. Till now 13.50 million shares are being traded Vs 153K shares average volume. EnteroMedics Inc. announced the preliminary results from its EMPOWER Study. Based on an initial analysis, the study did not meet its primary and secondary efficacy endpoints. There were no therapy-related serious adverse events reported in the study. The EMPOWER Study is a randomized, double-blind, placebo-controlled pivotal study designed to evaluate the safety and effectiveness of the Maestro System for the treatment of obesity.
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