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(JAZZ, SBAC, RRR) - Today’s Most Active Stocks - Stock Market Update
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Jazz Pharmaceuticals, Inc. (NASDAQ:JAZZ) is amongst the top percentage gainers in the early few minutes. The stock has spurted 12.71% and is trading at $8.78 with an unusual volume of 2.04 million shares. The stock has a 52-week range of $0.51-$11.88. So far in the last six months the stock has rallied over 1014%. Yesterday, the company announced that it has completed two Phase III pivotal clinical trials of JZP-6, with positive results in both studies. Jazz Pharmaceuticals is working to submit a New Drug Application for sodium oxybate for the treatment of fibromyalgia to the U.S. Food and Drug Administration by the end of 2009. Jazz Pharmaceuticals, Inc. is a specialty pharmaceutical company focused on developing and commercializing products to meet unmet medical needs in neurology and psychiatry. The marketed products and late-stage product candidate of the Company include Xyrem (sodium oxybate) oral solution, Luvox CR (fluvoxamine maleate) extended-release capsules and JZP-6 (sodium oxybate).
SBA Communications Corporation (NASDAQ:SBAC) climbed 4.29% over its previous day’s price and now trades at $30.70 on huge volume of 2.15 million shares compared to a daily average trading of 1.67 million shares. The stock has a 52-week range of $9.49-$31.13. Today the stock also created a new 52-week high of $31.13. Yesterday it announced the appointment of Kevin L. Beebe to SBA's Board of Directors effective October 28, 2009. Mr. Beebe currently serves as the President and Chief Executive Officer of 2BPartners, LLC, a partnership that provides strategic, financial and operational advice to private equity clients, investors and management. SBA Communications Corporation (SBA), is an independent owner and operator of wireless communications towers. The Company holds all the outstanding capital stock of SBA Telecommunications, Inc. (Telecommunications).
RSC Holdings Inc. (NYSE:RRR) soared 5.65% to $7.67 on huge volume of 967k shares on no news. The stock has a 52-week range of $4.00-$9.55. RSC Holdings Inc. is an equipment rental provider in North America. The Company operates through a network of 464 rental locations across 11 regions in 40 United States and 3 Canadian provinces. For the year ended December 31, 2008, the Company generated 89% of its revenues from equipment rentals.
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