XenoPort, Inc. (NASDAQ: XNPT) – XNPT drops today to a new 52-week low of $6.35 so far today off bad new. The companies announced today that the phase 2b dose-ranging study of GSK1838262/XP13512 (gabapentin enacarbil) did not preform statistical better compared to placebo as a prophylactic treatment for migraine headaches. What to see if XNPT can bounce back.
Affymetrix, Inc. (NASDAQ: AFFX) – AFFX announced today that they are lowering their expected second quarter revenue of 2010 down $10 million to a range of $71-72 million. The stock is down today and has hit a new 52-week low of $3.95 so far.
Netlist, Inc. (NASDAQ: NLST) - Dell announced today that it has qualified NLST's 512 megabyte and 1 gigabyte NetVault NV, to support RAID storage application on Dells PowerEDGE Servers and PowerVault Direct Attached storage devices. The additional Product distribution has sent the stock up to a high of $2.93 so far today.
Zanett, Inc. (NASDAQ: ZANE) – ZANE is back in the new with announcement today that Q-2 set new records for the company in closing contracts sending the stock to a high of $2.38 so far today. ZANE reported closing over $20 Million in new business with 50 different customers and has signed $37.7 million in new business contracts over a year-to-date period.
NexMed, Inc. (NASDAQ: NEXMD) – MexMed after having a great day with a high close yesterday is coming back down today with a low of $3.10 so far today. The company reported in that it is back in compliance with NASDAQ's listing requirement and they are planning on continuing the listing.
Cardionet Inc. (NASDAQ: BEAT) – BEAT heads dangerously close to its 52-week low as it hits $4.25 as a low so far today. The stock is down after BEAT continues to be continues to be a non-covered benefit for United Healthcare’s covered lives because it maintains its position against outpatient cardiovascular telemetry.
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