NASDAQ Stock Movers On Stock Offering (AVNR, COIN, EGHT, USNA)

AVANIR Pharmaceuticals (NASDAQ:AVNR) shares are down 2% to $2.86 after it filed a registration with the U.S. Securities and Exchange Commission today to sell, from time to time, up to $75 million of Common Stock, Preferred Stock, Debt Securities, Warrants, or any combination thereof.

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Avanir Pharmaceuticals, Inc. (Avanir) is a pharmaceutical company focused on acquiring, developing and commercializing therapeutic products for the treatment of central nervous system disorders.

Converted Organics Inc. (NASDAQ:COIN) share rose 3.33% to $0.41 after it filed a registration with the U.S. Securities and Exchange Commission today to sell, from time to time, up to 2,314,814 shares of Common Stock on behalf of Selling Shareholders.

Converted Organics Inc. (Converted Organics) operates processing facilities that use food waste and other raw materials to manufacture all-natural fertilizer and soil amendment products combining nutritional and disease suppression characteristics.

8x8, Inc. (NASDAQ:EGHT) shares jumped 1.27% to $1.60 after the company announces a 50% increase in the company's stock buyback program from $2 million to $3 million.

8x8, Inc. (8x8) develops and markets telecommunications services for Internet protocol (IP), telephony and video applications, as well as Web-based conferencing and unified communications services.

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USANA Health Sciences, Inc. (NASDAQ:USNA) surged 0.56% to $42.76 after it announces that its Board has authorized an additional $40 million stock buyback.

Repurchases will be made in accordance with USANA’s active share repurchase program in the open market, through block trades or otherwise.

USANA Health Sciences, Inc. (USANA) develops and manufactures high-quality, science-based nutritional and personal care products, with a commitment to continuous product innovation and sound scientific research.

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