Analysis

QLogic Corporation (NASDAQ:QLGC) had a late rally to $15.15 in after-hours trading on Wednesday after the company announced that it will be acquired by Cavium Inc. The company has a market cap of $1.15 billion at 83.19 million shares outstanding. Shares are at the top of the 52-week range...

EXACT Sciences Corporation (NASDAQ:EXAS) shares were up an additional 5.96% to $9.95 in after-hours trading on Tuesday, reflecting significant upward momentum for the stock. The rally has taken place on higher than usual volume as 17 million shares have traded hands versus the daily average of 2 million. EXACT Sciences...

VirnetX Holding Corporation (NYSEMKT:VHC) shares jumped 18.32% to $6.20 on Tuesday and an additional 0.81% to $6.25 after the Supreme Court relaxed requirements on willful infringements. This patent law precedent was created by the US Court of Appeals to set stricter standards in determining whether an infringement was willful. Now...

KemPharm Inc (NASDAQ:KMPH) shares were down 5.41% to $6.29 on Monday and have fallen by an additional 30.05% to $4.40 in after-hours trading. The company received a complete response letter (CRL) from the U.S. Food and Drug Administration (FDA) regarding its new drug application (NDA) for Apadaz. Apadaz is an immediate...

ANI Pharmaceuticals Inc (NASDAQ:ANIP) shares rose 2.19% to $53.19 on Monday when the company received approval from the U.S. Food and Drug Administration (FDA) for its Oxcarbazepine tablets. Oxcarbazepine is an antiepileptic drug indicated for use as monotherapy or adjunctive therapy in the treatment of partial seizures in adults. It is...