Dallas 5/4/2010 10:20:19 PM
News / Business

NASDAQ Small Cap Stocks With Large Gains (MSON, REED, AKRX)

Small Cap Stocks

 

Misonix, Inc. (NASDAQ:MSON) soared 30.61% to $2.99 after US HIFU receives unanimous approval to continue the clinical investigation of high intensity focused ultrasound for treatment of prostate cancer Co received unanimous approval from its Data and Safety Monitoring Board to continue enrollment in its FDA-approved prospective clinical trial investigating the use of high intensity focused ultrasound (HIFU) technology delivered via the Sonablate 500 medical device to treat localized primary prostate cancer.

 

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Reed's, Inc. (NASDAQ:REED) jumped 6.66% to $2.40 after it announced today that it has reached a distribution agreement with Golden Sweet Company, Inc., a direct store distributor in the San Francisco Bay area.

 

Akorn, Inc. (NASDAQ:AKRX) surged 13.62% to $2.42 after it swung to a quarterly profit on lower operating expenses and raised its full-year core business revenue outlook. For the first quarter, the pharmaceuticals company reported a net income of $3.5 million, or 4 cents a share, compared with a net loss of $10.7 million, or 12 cents a share a year ago.

 

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