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AVANIR Pharmaceuticals (NASDAQ:AVNR) surges 9.29% to $2. The stock hit an intraday high and an intraday low of $2.10 and $1.96 respectively. In the last six months the stock went up over 34%. Avanir Pharmaceuticals, Inc. is a pharmaceutical company focused on acquiring, developing and commercializing therapeutic products for the treatment of central nervous system disorders.
The Cooper Companies, Inc. (NYSE:COO) soars 11.50% to $37.82 after the company was today upgraded by Wells Fargo to Outperform from Market Perform and raised the price target range to $41-$43 from $28-$30. The Cooper Companies, Inc. develops, manufactures and markets healthcare products, primarily medical devices, through its two business units: CooperVision, Inc. (CVI) and CooperSurgical, Inc. (CSI). CVI develops, manufactures and markets a range of contact lenses for the worldwide vision correction market.
Hi-Tech Pharmacal Co. (NASDAQ:HITK) is up 9.39% to $23.88 after the company posted nearly a six-fold jump in quarterly profit as it sold more higher-margin products like generic eye drops. Net income for the second quarter was $7.4 million, or 60 cents a share, compared with $1.1 million, or 9 cents a share, in the year-ago period. Net sales rose 63 percent to $40.9 million.
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