Major Movers on June 3; CLVS, TSRO, MNKD, CBRL, FFIV

Shares of Clovis Oncology Inc. (NASDAQ: CLVS) catapulted about 120% by afternoon trade. The biopharmaceutical Company reported on Monday that its early stage clinical trials on a lung cancer treatment showed contraction in the size of tumor. The experimental treatment, dubbed as CO-1686, targets to cure non-small lung cancer (NSCLC) in patients with a transmutation in gene T790M.

Continue reading Major Movers on June 3; CLVS, TSRO, MNKD, CBRL, FFIV

Major Movers on May 16; CSCO, TSRO, INFI, AMD, TSLA

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