Wednesday, June 20, 2012

Wednesday’s biggest gaining and declining stocks

Wednesday’s biggest gaining and declining stocksAtlanta, GA 6/20/12 (StreetBeat) -- Here are some of Wednesday’s biggest gaining and declining stocks in U.S. trading:


Identix Pharmaceuticals Inc. (Nasdaq:IDIX) shares jumped 12%. The company reported positive data from ongoing clinical trials for its hepatitis C treatment.

Gevo Inc. (Nasdaq:GEVO) shares rallied 37% after the company said a court had ruled in its favor in a case where rival Butamax Advanced Biofuels LLC had sought an injunction against the company’s sale of certain products.

WSI Industries Inc. (Nasdaq:WSCI) shares added 22%. A day earlier, the company posted a 51% jump in fiscal third-quarter profit on a 45% sales improvement.


Adobe Systems Inc. (Nasdaq:ADBE) fell 5.1%. After the market closed on Tuesday, the firm said its fiscal second-quarter earnings dropped 2.4%.

AspenBio Pharma Inc. (Nasdaq:APPY) shares tumbled 36% after the firm said it will sell 6.1 million shares at $2 per share. That’s a 36% discount to the shares’ closing price on Tuesday.

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