Mid day Update On Most Active Stocks: (NASDAQ: HALO), (NASDAQ: ACUR)
Mid day Update On Most Active Stocks: (NASDAQ: HALO), (NASDAQ: ACUR)

Halozyme Therapeutics Inc. (NASDAQ: HALO), a biopharmaceutical company engaged in the development and commercialization of products that advance patient care, is seeing a pullback in mid-day trading today after rallying on Friday.

HALO had finished nearly 27% on Friday after the company announced that it entered into collaboration with pharmaceutical major Pfizer Inc. (NYSE: PFE) to develop and commercialize subcutaneous biologics using recombinant human hyaluronidase. The stock broke through some key technical levels on Friday as a result of the rally. Technical indicators for the stock are still giving bullish signals despite the pullback in trading today.

HALO is currently trading 1.86% lower at $6.88 on volume of 710,923, which is below the daily average volume of 910,288.

Find out where HALO could be headed by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=HALO

 

Acura Pharmaceuticals Inc. (NASDAQ: ACUR), a specialty pharmaceutical company engaged in the research, development and commercialization of products focused on addressing medication abuse and misuse, is marginally lower in mid-day trading today, extending its losses from last week.

ACUR fell sharply last week even as the company announced submission of Investigational New Drug Application (IND) with the U.S. FDA to allow clinical testing of its hydrocodone bitartrate with acetaminophen formulated with Aversion® Technology. The company said that clinical testing can start under the IND 30 days after the IND filing unless the FDA raises any questions.

ACUR is currently trading 0.44% lower at $2.30 on volume of 38,748, which is well below the daily average volume of 821,571. The stock has now fallen more than 6% in the last three trading sessions.

Get everything traders and investors need to know about ACUR by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=ACUR

 

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