Shares of Cisco Systems Inc. (NASDAQ: CSCO) rallied about 12 % by afternoon trade after the network equipment maker, late last evening, reported better-than-expected results for the fiscal third quarter while its guidance on the current quarter was also in-line with analysts’ consensus estimate.
Continue reading Major Movers on May 16; CSCO, TSRO, INFI, AMD, TSLA
Shares of Infinity Pharmaceuticals Inc. (NASDAQ: INFI), a drug discovery and development company, are soaring in trading today after the company reported new data from its ongoing Phase 1, open-label, dose-escalation trial of IPI-145 in patients with advanced hematologic malignancies.
Continue reading Infinity Pharmaceuticals Shares Rally on Positive Clinical Trial Data (INFI)