Monday, June 30, 2014

Stocks To Watch For June 30, 2014

Related MNKD Regarding Afrezza, FDA Statement: MannKind Hits 52-Week High - Analyst Blog MannKind: FDA Delays Afrezza Decision by Three Months (Fox Business) Related NVTL Novatel Wireless Appoints Tom Allen As Interim Chief Financial Officer Novatel Wireless Appoints Mashinsky As Interim CEO - Analyst Blog

Some of the stocks that may grab investor focus today are:

Shares of MannKind (NASDAQ: MNKD) jumped 10% in after-hours trading following the conditional FDA approval for Afrezza. MannKind shares surged 10% to $11.00 in the after-hours trading session.

Rackspace Hosting (NYSE: RAX) shares tumbled more than 7% in Friday's trading on a report that Rackspace is not receiving any interest from potential acquirers. DealReporter reported Friday that International Business Machines (NYSE: IBM) has backed away and Rackspace has seen little interest from other strategic buyers. Rackspace Hosting shares gained 1.81% to $34.24 in after-hours trading.

Novatel Wireless (NASDAQ: NVTL) appointed Tom Allen as its interim Chief Financial Officer. Novatel Wireless shares gained 3.74% to close at $1.94 on Friday.

Organovo (NYSE: ONVO) shares jumped around 5% on Friday following an 11.7% rise on Thursday. Organovo reported positive results from a collaborative study using the company's 3D Human Liver Tissues on Thursday. Organovo shares gained 1.16% to $8.70 in the after-hours trading session.

Amedisys (NASDAQ: AMED) shares jumped more than 29% on Friday after the company issued Q2 outlook. The company projected its Q2 earnings of $0.15 to $0.20 per share on revenue of $300 million to $305 million. Amedisys shares surged 5.33% to $18.39 in after-hours trading.

Posted-In: Stocks To WatchNews FDA Management Pre-Market Outlook Markets Trading Ideas

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