Small Cap Stock Gainers (SBAY, AKRX, ARIA)

Stock of Subaye Inc (NASDAQ: SBAY) surged by 45% or $4.21 in the morning trade and was trading at $13.24. The stock was trading with a record volume of 39000 shares compared to an average volume of 7000 shares on the exchange. The stock witnessed an intraday high of $13.24 and an intraday low of $9.74. In last one year the stock witnessed a high of $28 and a low of $7.60.  Today, company announced that it had 34,382 video advertising customers an increase of 112% compare to period year ago. The current pay of customer generates a monthly run rate of approximately $4million in revenues or $48 million annually. Last checked, the stock was trading at $13.12 up by $4.12.

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Stock of Akron, Inc (NASDAQ: AKRX) was up by nearly 7% or 22 cents in the morning trade and was trading at $3.37. The stock touched an intraday high of $3.50 and an intraday low of $ 3.19. The stock was trading with a record volume of 0.8 million shares compared to an average volume of 0.6 million shares traded on exchange. Analysts are bullish on the stock as it has given a break out with a strong volume. In last one year the stock has touched a high of $3.50 and a low of $0.99. The stock is having market capitalization of $309.18 million. The company manufactures and markets a range of diagnostic and therapeutic pharmaceuticals. It also market and distribute the vaccines purchased from outside. Last checked, the stock was trading at $3.35 up by 19 cents.

Stock of Ariad Pharmaceutical, Inc (NASDAQ: ARIA) was up by 11.50 % or 33 cents in the morning trade and was trading at $3.16. The stock witnessed an intraday high of $3.16 and an intraday low of $2.76. The stock was trading with a volume of 0.6 million shares compared to an average volume of 1.24 million shares on the exchange. The stock has market capitalization of $348.5 million. It is a biopharmaceutical company which focuses on the development and discovery of drugs to provide therapeutic intervention in treating human diseases at the cellular level.

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