Sunesis Pharmaceuticals, Inc.
(NASDAQ:SNSS) soared
13.20% to $0.440. RBC Capital upgraded Sunesis Pharmaceuticals Inc. to an
Outperform rating from its previous rating of Sector Perform. The firm is also
lowering its price target to $1 from $2.
The company
has Price/Book ratio of 2.62. The stock has the 50- Day Moving Average and
200-Day Moving Average prices of $0.35 and $0.43 respectively. At current
market price, the market capitalization of the company stands at $117.02 million.
Arena Pharmaceuticals, Inc.
(NASDAQ:ARNA) jumped
10.91% to $1.83. Arena Pharmaceuticals, Inc. is a clinical-stage
biopharmaceutical company focused on discovering, developing and
commercializing oral drugs that target G protein-coupled receptors (GPCRs), in
four major therapeutic areas: cardiovascular, central nervous system,
inflammatory and metabolic diseases.
At current
market price, the market capitalization of the company stands at $222.18 million.
The stock is down more than 48% year-to-date.
Medtronic, Inc. (NYSE:MDT) added 1.47% to $37.95. The company announced
that William A. Hawkins intends to retire as Chairman and Chief Executive
Officer of Medtronic at the conclusion of the current fiscal year ending April
29, 2011.
The company
has Price/Sales ratio of 2.57. The stock has the 50- Day Moving Average and
200-Day Moving Average prices of $34.98 and $35.41 respectively. At current
market price, the market capitalization of the company stands at $40.74
billion.
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